Category: GlobeNewswire

  • MIL-OSI: Announcement of the total number of voting rights as at 28 February 2025

    Source: GlobeNewswire (MIL-OSI)

    Regulated information, Leuven, 3 March 2025 (17.40 hrs CET)

    Announcement of the total number of voting rights as at 28 February 2025

    In application of Article 15 of the Act of 2 May 2007 on the disclosure of major shareholdings in issuers whose shares are admitted to trading on a regulated market, KBC Ancora publishes on its website and via a press release on a monthly basis the total capital, the movements in the total number of voting shares and the total number of voting rights, in so far as these particulars have changed during the preceding month.

    Situation as at 28 February 2025
    Total capital :         EUR 3,158,128,455.28
    Total number of voting shares :            77,011,844
    Number of shares with double voting rights :        39,757,114
    Total number of voting rights (= denominator) :        116,768,958

    The total number of voting rights (the ‘denominator’) serves as the basis for the disclosure of major shareholdings by shareholders.

    On the basis of this information, shareholders of KBC Ancora can verify whether they are above or below one of the thresholds of 3% (threshold set by the Articles of Association), 5%, 10%, and so on (in multiples of five) of the total voting rights, and whether there is therefore an obligation to notify the company that they have exceeded this threshold.

    ———————————

    KBC Ancora is a listed company which holds 18.6% of the shares in KBC Group and which together with Cera, MRBB and the Other Permanent Shareholders ensures the shareholder stability and further development of the KBC group. As core shareholders of KBC Group, they have to this end signed a shareholder agreement.

    Financial calendar:
    29 August 2025                        Annual press release for the financial year 2024/2025
    23 September 2025 (17.40 CEST)        Annual report 2024/2025 available
    31 October 2025                        General Meeting of Shareholders

    This press release is available in Dutch, French and English on the website www.kbcancora.be.

    KBC Ancora Investor Relations & Press contact: Jan Bergmans
    tel.: +32 (0)16 27 96 72 – e-mail: jan.bergmans@kbcancora.be or mailbox@kbcancora.be

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  • MIL-OSI: Quadient Enables New Shipping Service with Japan Post on its Open Locker Network, Driving Convenience and Increased Parcel Volume

    Source: GlobeNewswire (MIL-OSI)

    Quadient (Euronext Paris: QDT), a global automation platform powering secure and sustainable business connections, announced today an expanded partnership between Japan Post and Packcity Japan, a joint venture between Quadient and Yamato Transport. Thanks to the extended partnership, consumers will not only receive Japan Post deliveries at Packcity Japan’s nationwide open network of automated parcel lockers, but they will also now be able to ship parcels from the lockers, called PUDO stations. Consumers using Japan Post’s Yu-Pack parcel service use a mobile app to ship from a PUDO station, eliminating the need to wait at delivery counters or manually handling shipping slips.

    Japan Post, one of Japan’s leading carriers, operates more than 24,200 post offices across the nation and employs more than 171,800 employees, providing postal, logistics and courier delivery services. The expanded partnership between Japan Post and Packcity Japan increases the parcel volume through the open locker network and will consolidate package pickup, leading to more efficient, ecological and sustainable business operations.

    “In recent years, the burden on our partner carriers has become more serious due to the rapid increase in the number of designated deliveries and pickups after normal business hours and on weekends and holidays,” said Akitsugu Yanagida, CEO of Packcity Japan. “The expanded partnership with Japan Post confirms the importance of an open locker network to an efficient and sustainable last mile and first mile logistical operation. We look forward to continuing to expand our services with the aim of improving convenience for consumers and the efficiency of the logistics industry.”

    Through Packcity Japan, Quadient operates about 7,000 automated lockers in Japan. Quadient is a global leader in open locker networks, offering carrier-agnostic locker technology for seamless delivery and pickup experiences. With more than 25,000 locker units deployed worldwide, Quadient continuously invests in locker innovation and services to improve usage and footprint in major e-commerce markets.

    About Quadient®
    Quadient is a global automation platform powering secure and sustainable business connections through digital and physical channels. Quadient supports businesses of all sizes in their digital transformation and growth journey, unlocking operational efficiency and creating meaningful customer experiences. Listed in compartment B of Euronext Paris (QDT) and part of the CAC® Mid & Small and EnterNext® Tech 40 indices, Quadient shares are eligible for PEA-PME investing. For more information about Quadient, visit www.quadient.com.

    Contacts

    Sandy Armstrong, Sterling Kilgore Joe Scolaro, Quadient         
    Director of Media & Communications Global Press Relations Manager
    +1-630-699-8979 +1 203-301-3673
    sarmstrong@sterlingkilgore.com j.scolaro@quadient.com
       

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    The MIL Network

  • MIL-OSI: Samuel and Co Trading Leads the Way in Affordable Financial Education Amidst Rising University Costs

    Source: GlobeNewswire (MIL-OSI)

    LONDON, March 03, 2025 (GLOBE NEWSWIRE) — As the financial burden of higher education is continuing to escalate, Samuel and Co Trading stands out as an accessible and high-quality hub of financial education. Founded in 2012, Samuel and Co have been empowering students with the skills and confidence to navigate the financial markets.

    Recent analyses have highlighted the growing financial strain on university students in the UK. Tuition fees have risen to £9,535 per annum as of September 2025, marking the first increase in eight years. This surge, coupled with maintenance loans that often fall short of covering living expenses, has amplified the financial challenges of being a student. The average annual cost of studying in the UK now exceeds £22,000, encompassing tuition and living expenses.

    In contrast, Samuel and Co Trading offers Ofqual-regulated Diplomas in Financial Trading that provide a cost-effective alternative to a traditional degree. Students can achieve a Level 5 Diploma, equivalent level to a Foundation Degree, in as little as 12 weeks or pursue a Level 7 Diploma, equivalent level to a Master’s Degree, but at a fraction of the cost. Considering that some graduate salaries have sunk as low as the minimum wage, these accelerated programmes not only save time but also significantly reduce financial outlay, making industry-recognised credentials more attainable.

    The company’s commitment to excellence has been recognised in the 2025 Global Banking and Finance Awards®, when Samuel and Co Trading was awarded with two impressive accolades: “Best Online Financial Education & Training UK 2025” and “Best Forex Education UK 2025”. Alongside this, the company has also been awarded the “Best Online Trading Course Provider UK 2025” by Finance Derivative Magazine and won the “Best Trading Guidance and Support Provider Europe 2025”,“Leading Trading Education Management Company Europe 2025” and the “Most Trusted Personal Trading Strategies Provider Europe 2025” by World Business Outlook. And lastly Brands Review Magazine also presented them with the “Innovation in Trading Strategies UK 2025” and the “Trading Education and Mentorship Award UK 2025”. These awards show the dedication to delivering high-quality financial education and training.

    Founder and CEO, Samuel Leach, reflects on the company’s journey:

    “When I started Samuel and Co Trading in 2012, I wanted to democratise financial education. The aim was to provide practical, affordable, and high-quality training to people who are passionate about trading. Our recent accolades and the success of our students show that we’re on the right path.”

    Due to the unpredictable nature of the finance industry and the rising costs of higher education, Samuel and Co Trading, mission remains to offer competitive, comprehensive, and accessible education. By bridging the gap between affordability and quality, the company is shaping the future of financial training.

    About Samuel and Co Trading

    Samuel and Co Trading was founded in 2012 by Samuel Leach with the mission of assisting individuals to succeed in financial trading. The company provides accredited and industry-recognised financial education, including Ofqual-regulated diplomas designed to fast-track students into trading careers. With courses led by seasoned professionals, Samuel and Co Trading ensures that students gain practical, real-world experience. Recognised as a leader in the sector, the company has trained thousands of individuals.

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  • MIL-OSI: KVH Industries to Host Fourth Quarter/Year-end Conference Call on March 6, 2025

    Source: GlobeNewswire (MIL-OSI)

    MIDDLETOWN, R.I., March 03, 2025 (GLOBE NEWSWIRE) — KVH Industries, Inc. (Nasdaq: KVHI), will announce its financial results for the fourth quarter and fiscal year that ended on December 31, 2024, on Thursday, March 6, 2025. In conjunction with the release, the company will conduct its investor conference call at 9:00 a.m. ET, hosted by Mr. Brent Bruun, CEO, and Mr. Anthony Pike, CFO.

    A live broadcast of the call will be available online at investors.kvh.com. In addition, an audio replay of the conference call will be available on the website for at least two weeks. To listen to the replay, visit investors.kvh.com starting three hours following the conclusion of the call. Investors who wish to submit questions during or following the call may do so to IR@kvh.com.

    About KVH Industries, Inc.

    KVH Industries, Inc. is a global leader in maritime and mobile connectivity delivered via the KVH ONE® network. The company, founded in 1982, is based in Middletown, RI, with research, development, and manufacturing operations in Middletown, RI, and more than a dozen offices around the globe. KVH provides connectivity solutions for commercial maritime, leisure marine, military/government, and land mobile applications on vessels and vehicles, including the TracNet, TracPhone®, and TracVision® product lines, the KVH ONE OpenNet Program for non-KVH antennas, AgilePlans® Connectivity as a Service (CaaS), and the KVH Link crew wellbeing content service.

    Contact:   

    Chris Watson
    VP, Marketing/Communications
    KVH Industries, Inc.
    401-845-2441
    cwatson@kvh.com 

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  • MIL-OSI: Bybit Unleashes Futures Bot Clash with a 100,000 USDT Prize Pool

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, March 03, 2025 (GLOBE NEWSWIRE) — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is launching the Futures Bot Clash – a high-stakes showdown where strategy meets automation. With a prize pool of up to 100,000 USDT, participants will battle it out using Bybit’s powerful Futures trading bots, aiming for the top of the leaderboard.

    The Battle of the Bots Begins
    Set to run from Feb. 28 to March 31, 2025, the competition offers traders a chance to put their bot strategies to the test in a contest of skill and precision. Participants will join one of three Futures Bot Squads – Futures Combo, Futures Martingale, or Futures Grid – and compete across multiple leaderboards to maximize their earnings.

    The event features two squad leaderboards and one individual leaderboard, with top traders rewarded based on performance. Additionally, traders can participate in the Predict & Win segment, where 1,000 lucky voters will share in a portion of the 5% Prediction Pool by correctly forecasting the winning squad.

    Prize Pool Breakdown
    The 100,000 USDT prize pool will be distributed among different categories:

    • Squad Rankings (70%) – The best-performing squad claims 40% of the total pool, with 20% and 10% allocated to the second and third place, respectively.
    • Top Traders by Volume (25%) – The most active traders will receive a share of the rewards based on their trading volume.
    • Predict & Win (5%) – Traders who correctly predict the champion squad will split this portion of the prize pool.

    To be eligible for rewards, participants must meet a minimum Futures trading volume of $10,000 and maintain an account balance of at least 1,000 USDT throughout the competition.

    Raising the Stakes
    The total prize pool will scale based on overall trading volume. The minimum pool of 50,000 USDT will be unlocked once the combined trading volume reaches $800 million, increasing to the full 100,000 USDT as milestones up to $1.5 billion are met.

    “Bybit’s Futures Bot Clash is a game-changer for automated trading enthusiasts. It offers a unique opportunity for users to test their bot strategies in a competitive setting, while also rewarding top traders and smart forecasters,” said Joan Han, Sales and Marketing Director at Bybit. “With the potential to win a share of 100,000 USDT, traders have every reason to bring their A-game.”

    Bybit continues to innovate in the crypto trading landscape, providing users with cutting-edge tools to optimize their trading strategies. The Futures Bot Clash offers a competitive environment, where the sharpest traders and most effective bots will rise to the top.

    #Bybit / #TheCryptoArk

    About Bybit
    Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
    For more details about Bybit, please visit Bybit Press
    For media inquiries, please contact: media@bybit.com
    For updates, please follow: Bybit’s Communities and Social Media

    Contact

    Head of PR
    Tony Au
    Bybit
    media@bybit.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/25becf21-7c08-45fa-8fa4-7c571bdf2c01

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  • MIL-OSI: Nasdaq Appoints Brandis DeSimone as New Head of East Coast Listings

    Source: GlobeNewswire (MIL-OSI)

    The appointment strengthens Nasdaq’s commitment to supporting companies throughout their corporate lifecycle

    Nasdaq is the exchange of choice for new listings and exchange transfers in the US, raising $22.97 Billion in IPO proceeds across 180 listings in 2024 and celebrating over 500 transfers to Nasdaq since 2005

    NEW YORK, March 03, 2025 (GLOBE NEWSWIRE) — Nasdaq (Nasdaq: NDAQ) today announced the appointment of Brandis DeSimone as Senior Vice President, Head of East Coast Listings. Under the recently established regional operational structure, this appointment further strengthens Nasdaq’s commitment to supporting companies throughout their corporate lifecycle and deepening client relationships.

    DeSimone brings almost two decades of experience in the financial services industry, including over 13 years at Nasdaq. Throughout her long tenure with the organization, she has consistently demonstrated a strong commitment to the Nasdaq community and an ability to lead with deep client knowledge and trusted expertise. DeSimone has held multiple senior positions focusing on business development and client success. Most recently, she served as Vice President, Head of Americas Data Sales, where she fortified Nasdaq’s position as a leading data provider, working with various institutions across the financial sector, including traditional financial institutions and startups. With a comprehensive understanding of market trends, changing investor needs, and technological impacts on capital markets, DeSimone aims to help Nasdaq enhance its role as a strategic partner to corporate clients.

    “As companies navigate the dynamic landscape of capital markets, Nasdaq’s full suite of capabilities across trading, insights, technology and visibility are critical to fuel our client’s success,” said Brandis DeSimone, SVP, Head of East Coast Listings. “I am thrilled to evolve my journey with Nasdaq and grow the Listings franchise as we strengthen our commitment to helping clients unlock opportunity.”

    DeSimone will step into her new role on April 1, 2025. She is based out of Nasdaq’s New York headquarters and will report into Jeff Thomas, Executive Vice President, Chief Revenue Officer and Global Head of Listings for Capital Access Platforms.

    “The evolution of Nasdaq has always been centered around our clients’ needs, and we designed our regional management structure to drive greater connectivity with our clients and accelerate growth,” said Jeff Thomas, Executive Vice President, Chief Revenue Officer and Global Head of Listings for Capital Access Platforms. “Brandis DeSimone’s well-rounded and nuanced understanding of the capital markets from her work across all client segments along with her extensive understanding of Nasdaq’s capabilities and solutions will be instrumental in helping our clients in the East Coast deliver the highest level of service for our clients and fuel their success.”

    Nasdaq is home to the world’s most innovative companies. In addition to being the leading U.S. exchange, Nasdaq supports companies comprehensively through its suite of market leading solutions for investor relations, governance, index inclusion and visibility offerings. To date, over 500 companies have transferred their listings to Nasdaq, highlighting the unique proposition Nasdaq provides.

    About Nasdaq
    Nasdaq (Nasdaq: NDAQ) is a global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.

    Nasdaq Media Contact


    Cautionary Note Regarding Forward-Looking Statements:

    Information set forth in this communication contains forward-looking statements that involve a number of risks and uncertainties. Nasdaq cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Forward-looking statements can be identified by words such “will,” “plans,” “expects,” “may,” “believe” and other words and terms of similar meaning. Such forward-looking statements include, but are not limited to, statements about the Company’s growth strategy and market expectations, products and services, ability to enhance or innovate new ways for companies to join the public markets, future listing activity, and other statements that are not historical facts. Forward-looking statements involve a number of risks, uncertainties, or other factors beyond Nasdaq’s control. These risks and uncertainties are detailed in Nasdaq’s filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q which are available on Nasdaq’s investor relations website at ir.nasdaq.com and the SEC’s website at www.sec.gov. Nasdaq undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.

    -NDAQG-

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  • MIL-OSI: Flexera Completes Acquisition of NetApp’s Spot FinOps Portfolio

    Source: GlobeNewswire (MIL-OSI)

    ITASCA, Ill. and SAN JOSE, Calif., March 03, 2025 (GLOBE NEWSWIRE) — Flexera, the global leader in technology spend and risk management, today announced it has completed the acquisition of Spot from NetApp (NASDAQ: NTAP), the intelligent data infrastructure company. The acquisition is Flexera’s latest step towards offering a comprehensive set of solutions to help organizations confront growing cloud cost and usage hurdles, especially as the consumption of artificial intelligence (AI) surges and strains cloud budgets.

    With this acquisition, Flexera expands its leading Cloud Financial Management offering into a suite of AI-powered FinOps technologies and enhances the value of these offerings by expanding its partner ecosystem. This newly bolstered FinOps portfolio from Flexera allows organizations and managed service providers (MSPs) to manage cloud financial commitments, automate billing and invoicing, reduce workload costs and optimize containers. Flexera FinOps aligns with the expanding scope of FinOps to include data centers, SaaS and public cloud, while also supporting enhanced use cases such as software licensing and sustainability.

    “The need for FinOps and cloud cost optimization has never been greater, as critical AI initiatives create more urgency for boards and C-suites to effectively contain swelling cloud and IT spend,” said Jim Ryan, President and CEO of Flexera. “We believe that by bringing Spot and its core products into the Flexera FinOps portfolio, we are now the most comprehensive provider in the space. This also complements our leading positions in IT Asset Management and SaaS Management.”

    The Spot business adds new capabilities to Flexera’s FinOps solution with Kubernetes cost management and accelerates innovation in container management, spot cloud instances and commitment management. Spot’s main product lines include:

    • Spot Eco helps organizations unlock the full value of their cloud services with a series of cloud commitment management features, ensuring organizations capture critical savings from reserved instances, savings plans or committed usage discounts across Amazon Web Services, Microsoft Azure and Google Cloud Platform.
    • Spot Ocean is a Kubernetes infrastructure management product that provides continuous optimization of containers for cost, performance and availability.
    • Spot Elastigroup allows organizations to scale their workloads and maximize the value of their cloud investments with spot instances and virtual machines.
    • CloudCheckr is a powerful cloud cost management tool allowing enterprise, MSPs and distributors to manage and reduce cloud costs, optimize resources and gain operational efficiencies, manage billing and invoicing, improve governance, and strengthen security and compliance.

    These solutions are accompanied by a robust portfolio of policy-based best practice checks for cost, security, governance and compliance.

    “The completion of this transaction further hones our focus of our Public Cloud business. Our highly differentiated first party and marketplace cloud storage services are complemented by intelligent data and operational services such as Data Infrastructure Insights and Instaclustr. These services, in concert with our Hybrid Cloud products, enable customers to build a seamless intelligent data infrastructure across hybrid multi-cloud,” said Haiyan Song, Executive Vice President, Intelligent Operations Services, at NetApp. “We believe that Flexera is the right environment for Spot portfolio of solutions, employees and customers to thrive.”

    Flexera’s integration of Spot also creates new opportunities for partners – particularly MSPs and distributors – to develop or enhance their own FinOps services. With Flexera, partners have a chance to tap into a broader portfolio of technologies and specialists, while building value-added services that cover the expanded definition of FinOps to include ITAM and software licensing, SaaS management, AI spend management and more.

    “Flexera customers can expect to gain in capabilities and a richer portfolio, such as a whole slew of advanced purchase commitment automation and container cost management and optimization capabilities,” wrote Tracy Woo at Forrester in a recent blog post.1 “The Spot acquisition is a boon for Flexera both in market presence with CloudCheckr’s dominant channel presence and with the added capabilities of Spot’s Eco (purchase commitments), Elastigroup (spot automation), and Ocean (container management), which all fill major gaps.”

    Flexera recently achieved a new FinOps certification milestone, and now has the largest group of FinOps-certified practitioners in the world. The company also made a significant investment in its partner program, with an emphasis on expanding its support for MSPs. These events continue to reinforce Flexera’s proven leadership in FinOps, ITAM and SaaS Management.

    For more information about Flexera One FinOps, visit www.flexera.com/products/flexera-one/finops.

    ¹Source: “NetApp Focuses On Storable And Exits FinOps”

    Follow Flexera

    About Flexera
    Flexera helps organizations understand and maximize the value of their technology, saving billions of dollars in wasted spend. Powered by the Flexera Technology Intelligence Platform, our award-winning IT asset management, FinOps and SaaS management solutions provide comprehensive visibility and actionable insights on an organization’s entire IT ecosystem. This intelligence enables IT, finance, procurement, FinOps and cloud teams to address skyrocketing costs, optimize spend, mitigate risk and identify opportunities to create positive business outcomes. More than 50,000 global organizations rely on Flexera and its Technopedia reference library, the largest repository of technology asset data. Learn more at flexera.com.

    About NetApp
    NetApp is the intelligent data infrastructure company, combining unified data storage, integrated data, operational and workload services to turn a world of disruption into opportunity for every customer. NetApp creates silo-free infrastructure, harnessing observability and AI to enable the industry’s best data management. As the only enterprise-grade storage service natively embedded in the world’s biggest clouds, our data storage delivers seamless flexibility. In addition, our data services create a data advantage through superior cyber resilience, governance, and application agility. Our operational and workload services provide continuous optimization of performance and efficiency for infrastructure and workloads through observability and AI. No matter the data type, workload, or environment, with NetApp you can transform your data infrastructure to realize your business possibilities. Learn more at www.netapp.com or follow us on X, LinkedIn, Facebook, and Instagram.

    NETAPP, the NETAPP logo, and the marks listed at www.netapp.com/TM are trademarks of NetApp, Inc. Other company and product names may be trademarks of their respective owners.

    For more information, contact:
    Flexera Media Contact:
    Ciri Haugh
    Flexera
    publicrelations@flexera.com

    NetApp Media Contact:
    Kenya Hayes
    NetApp
    kenya.hayes@netapp.com

    Investor Contact:
    Kris Newton
    NetApp
    kris.newton@netapp.com

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  • MIL-OSI: C.W. Williams Community Health Center Awarded $500,000 Grant for New Medical Facility in Charlotte

    Source: GlobeNewswire (MIL-OSI)

    CHARLOTTE, N.C., March 03, 2025 (GLOBE NEWSWIRE) — SECU Foundation has awarded a $500,000 capital grant to C.W. Williams Community Health Center (CWWCHC) to support the construction of a new medical facility that will serve low-income and uninsured residents in a nine-county region of southwest North Carolina. The new facility will expand the non-profit’s reach to 25,000 patients annually, a 92% capacity increase.

    CWWCHC, a Federally Qualified Community Health Center, reports that more than 20% of their area’s population lives in poverty. Its data shows 42% of their patients are uninsured and 66% live on incomes below 200% of the federal poverty level. Through the new facility, CWWCHC will provide a comprehensive care model that integrates primary, preventative, educational, and support services in one location, reducing barriers to care.

    “The C.W. Williams Community Health Center has been an important resource for southwestern North Carolina since 1981, providing reliable, high-quality care for marginalized populations,” said SECU Foundation Board Chair Chris Ayers. “We are pleased to support the construction of this state-of-the-art facility, which will help them increase capacity and meet the growing needs for their services.”

    “As we continue to grow and flourish, C.W. Williams Community Health Center continues to provide the best quality health care and social services,” said CWWCHC CEO Debra Weeks. “This year, thanks in part to SECU Foundation, we will focus on nutritional health, maternal health, and behavioral health, making a positive impact in communities that are struggling. Funding is leveraged across every facet of our operations, so this grant will be reinvested in services and staffing to ensure quality healthcare to all, regardless of their ability to pay.”

    About SECU and SECU Foundation

    A not-for-profit financial cooperative owned by its members, and federally insured by the National Credit Union Administration (NCUA), SECU has been providing employees of the state of North Carolina and their families with consumer financial services for 87 years. SECU is the second largest credit union in the United States with $53 billion in assets. It serves more than 2.8 million members through 275 branch offices, 1,100 ATMs, Member Services Support via phone, www.ncsecu.org, and the SECU Mobile App. The SECU Foundation, a 501(c)(3) charitable organization funded by the contributions of SECU members, promotes local community development in North Carolina primarily through high-impact projects in the areas of housing, education, healthcare, and human services. Since 2004, SECU Foundation has made a collective financial commitment of over $300 million for initiatives to benefit North Carolinians statewide.

    Contact: Jama Campbell, Executive Director, secufoundation@ncsecu.org

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/dd79a796-5f5d-42d8-be09-ee4aa3f7e78c

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  • MIL-OSI: Strata Decision Technology and Snowflake Transform Healthcare Financial Analytics with Comprehensive Data Integration

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, March 03, 2025 (GLOBE NEWSWIRE) — Strata Decision Technology, a leader in the development of cloud-based financial planning, decision support, and performance analytics solutions for healthcare, today announced its collaboration with Snowflake, the AI Data Cloud Company, to create one of the largest comparable healthcare financial databases in the United States. This strategic initiative aims to deliver efficient access to near real-time and historical financial insights, with early adopters already beginning to access data directly through Snowflake.

    The collaboration enables Strata to scale its data capabilities by unifying its diverse data assets — which include financial, operational, clinical, cost and margin, and claims data — within Snowflake’s robust, cloud-based data platform. This unified approach helps eliminate data siloes and provides healthcare organizations with a single source of truth for financial decision-making.

    “Strata is rapidly innovating its data capabilities, and Snowflake is a key part of our innovation strategy,” said Jonathan Adams, Chief Technology Officer at Strata. “This collaboration strengthens Strata’s ability to deliver unique value and greater analytics horsepower for customers by offering among the largest and most diverse sets of healthcare data in the country.”

    “At Snowflake, we’re committed to providing healthcare organizations with a platform that transforms how they leverage their most valuable asset — their data,” said Joe Warbington, Industry Principal, Healthcare at Snowflake. “Our work with Strata Decision Technology demonstrates how Snowflake can empower healthcare financial analytics at scale, helping providers make more informed strategic decisions that ultimately improve patient care and reduce costs.”

    Ongoing integration of Strata’s data within Snowflake allows Strata to make its data more accessible to healthcare customers within StrataJazz and Axiom, its cloud-based enterprise performance management software platforms. As a result, both StrataJazz and Axiom customers get the benefits of more efficient scaling in response to organizations’ mounting data needs, and flexible data sharing to merge data from across multiple source systems and vendors. Snowflake also enables faster processing to accommodate increasingly complex data models, including Artificial Intelligence (AI) capabilities, Large Language Model (LLM) processes, and Machine Learning (ML).

    Strata is creating a comprehensive healthcare intelligence ecosystem within Snowflake by strategically integrating multiple high-value datasets. This includes healthcare performance and patient volume data from StrataSphere, and hospital and physician benchmarking data from Comparative Analytics. In the coming months, Strata also will bring its proprietary 835 Remit and 837 All-Payor Claims Data (APCD) into Snowflake. To ensure data quality and consistency across these diverse datasets, Strata is leveraging AI and ML on Snowflake to ensure that common definitions and standards are applied to make the data consistent and comparable.

    Strata also is leveraging Snowflake’s capabilities to advance its patient data integration strategy through secure tokenization of thoroughly cleansed and de-identified patient encounter and claims information. This innovative approach allows healthcare organizations to trace comprehensive patient journeys across multiple providers and facilities while maintaining strict privacy standards. By connecting all-payor claims data — which cover approximately 70% of patients — with granular encounter data in Snowflake’s easy, connected, and trusted data platform, Strata delivers unprecedented visibility into the complete patient care continuum. This unified view enables more personalized care planning and strategic resource allocation.

    The integration also facilitates more accurate insights. For example, by combining claims data with demographic data, healthcare leaders can generate more rigorous volume projections to help guide them in making more informed strategic decisions. Similarly, merging claims and patient encounter data will help organizations identify patterns in patient behaviors, including where they may be losing patients to market competitors.

    Strata’s collaboration with Snowflake emerged from Strata’s strategic initiative to future-proof its solutions amid explosive growth in customer data requirements. It is allowing Strata to move away from the limitations of its legacy StrataJazz on-premise SQL Server databases toward a highly scalable cloud architecture that meets the increasingly complex analytics needs of modern healthcare organizations.

    Using Snowflake’s elasticity and performance, Strata can now scale its operations to deliver more accurate and efficient data and analytics capabilities for the customers it serves.

    About Strata Decision Technology 
    Strata Decision Technology, LLC provides an innovative, cloud-based platform for software, and data and service solutions to help healthcare organizations acquire insights, accelerate decisions, and enhance performance in support of their missions. More than 2,300 organizations rely on Strata’s StrataJazz and Axiom solutions for market-leading service and enterprise performance management software, data, and intelligence solutions. To learn more about Strata and why the company has been named the market leader for Business Decision Support for more than 15 consecutive years, please go to www.stratadecision.com.

    Strata Social Networks 
    LinkedIn: Strata Decision Technology

    Media contact: 
    Sally Brown, Inkhouse 
    strata@inkhouse.com

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  • MIL-OSI: Parker Blackwood Advisers Reports Australian Economy Showing Signs of Recovery

    Source: GlobeNewswire (MIL-OSI)

    PERTH, Australia, March 03, 2025 (GLOBE NEWSWIRE) — Parker Blackwood Advisers, a leading financial services provider has commented on the latest Australian economic trajectory that will be under the spotlight this week as fresh data is set to provide a critical assessment of the nation’s growth prospects. The December quarter national accounts, due for release by the Australian Bureau of Statistics (ABS) on Wednesday, are expected to confirm a modest acceleration in economic activity following a period of subdued expansion.

    Consensus forecasts indicate that the economy likely expanded by 0.5% in the December quarter, up from 0.3% in the prior three-month period. If realized, this would translate to an annual GDP growth rate of 1.2% for 2024—a marked improvement from the 0.8% recorded in the September quarter but still well below the long-term historical average of over 3%.

    “Productivity constraints and subdued private sector investment continue to weigh on economic momentum,” said Nathan Jones, Chief Investment Officer at Parker Blackwood Advisers. “While fiscal policy and household spending provide some stability, sustained growth requires stronger business investment and improvements in labour productivity—key factors the RBA will be closely monitoring in its policy deliberations.”

    Investors will also scrutinize the Reserve Bank of Australia’s (RBA) February meeting minutes, scheduled for release on Tuesday. The central bank’s decision to cut interest rates for the first time in over four years signaled a shift in monetary policy, and market participants will be seeking further clarity on the likelihood of additional easing measures in the coming months.

    Beyond GDP and monetary policy, Parker Blackwood Advisers note that key data releases will shed light on Australia’s property market and government finances. CoreLogic’s monthly Home Value Index, due on Monday, will reveal whether the recent housing downturn persisted into February, while building approvals data on Thursday will gauge progress toward the federal government’s ambitious 1.2 million-home construction target over five years.

    Additionally, retail trade figures on Tuesday, international trade data on Thursday, and household spending indicators on Friday will offer a broader view of consumer activity and economic strength. The government’s fiscal position will also be under scrutiny, with the market anticipating a current account deficit of $13.4 billion when balance of payments data is released.

    With a pivotal week ahead for economic data and central bank insights, investors and policymakers alike will be closely watching for signals on Australia’s growth trajectory and policy outlook in 2024.

    About Parker Blackwood Advisers
    Founded in 2013, Parker Blackwood Advisers is a premier financial services provider based in Perth, Australia. With a focus on personalised investment strategies, the firm offers a broad range of wealth management solutions, including asset allocation, investment management, and financial planning. Managing over $4.7 billion in assets, Parker Blackwood Advisers is dedicated to helping clients achieve their financial goals through tailored, expert guidance.

    Disclaimer
    Parker Blackwood Advisers is a trading name of PBA Corporation Pty Ltd (ABN: 98 162 183 244), holder of AFSL 434-071. Investing carries risks, including potential loss of capital. Information provided is general and not financial advice. Past performance is not a guarantee of future results.

    Mr. Paul Allen
    Head of Marketing
    paul.allen@pb-investment.com
    08 6275 0960
    Exchange Tower,
    Level 17/2 The Esplanade
    Perth WA, 6000

    Source: Parker Blackwood Advisers

    The MIL Network

  • MIL-OSI: Risk Strategies Appoints Melissa Lewis as Chief Operating Officer, Commercial Lines

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, March 03, 2025 (GLOBE NEWSWIRE) — Risk Strategies, a leading national specialty insurance brokerage and risk management and consulting firm, today announced Melissa Lewis has been appointed to succeed Drew Carnase as Chief Operating Officer, Commercial Lines. Carnase is retiring after over 30 years in the industry.

    Lewis came to Risk Strategies in 2023, developing a unification strategy for assimilating acquisitions and spearheading the creation of the firm’s Integration Management Office. She then built a Business Operations team designed to help leaders implement corporate initiatives, maximize time spent supporting teams and clients, and drive growth.

    “Melissa is a transformational leader who has made us better with everything she’s touched,” said John Scroope, National Director of Retail Operations, Risk Strategies. “She is absolutely the right person to succeed Drew and push the Commercial Lines operations to the next level in terms of innovation, support, and growth.”

    In her new role as Chief Operating officer, Commercial Lines, Lewis will focus on:

    • Generating profitable growth while expanding market share for the firm
    • Building out effective support systems for sales and service teams
    • Ensuring consistent delivery of a market-leading client experience
    • Inspiring an energized commitment to focus, ownership, and accountability

    “I am excited to take on this new challenge,” said Lewis. “I feel confident that my industry experience, the groundwork Drew has laid, and the firm’s culture of collaboration and entrepreneurship will ensure success in both the near and long term.”

    Prior to Risk Strategies, Lewis held increasingly responsible positions over the course of more than 30 years, including serving as Regional Operating Officer and Head of Client Service, North America for a top five broker. Based in Overland Park, Kansas, she is a native of the state and holds an associate degree in paralegal studies from Brown Mackie College.

    To learn more about Risk Strategies, please visit www.riskstrategies.com.

    About Risk Strategies

    Risk Strategies, part of Accession Risk Management Group, is a North American specialty brokerage firm offering comprehensive risk management services, property and casualty insurance and reinsurance placement, employee benefits, private client services, consulting services, and financial & wealth solutions. The 9th largest U.S. privately held broker, we advise businesses and personal clients, have access to all major insurance markets, and 30+ specialty industry and product line practices and experts in 200+ offices – Atlanta, Boston, Charlotte, Chicago, Dallas, Grand Cayman, Kansas City, Los Angeles, Miami, Montreal, Nashville, New York City, Philadelphia, San Francisco, Toronto, and Washington, DC. RiskStrategies.com

    Media Contact

    Alana Bannan

    Senior Account Executive

    (720) 400-8025

    Rsc@matternow.com

    The MIL Network

  • MIL-OSI: Creatd, Inc. Finalizes $8.3M Flewber Acquisition, Unveils AI-Powered Flyte to Transform the Private Air Travel Industry

    Source: GlobeNewswire (MIL-OSI)

    • $8.3M acquisition fuels strategic transformation, leveraging Creatd’s tech, data, and AI capabilities
    • Streamlined operations position Flyte for rapid expansion and profitability
    • Flyte redefines on-demand air travel with a focus on regional connectivity, private charters, and curated getaways

    NEW YORK, March 03, 2025 (GLOBE NEWSWIRE) — Creatd, Inc. (OTC: CRTD) has officially closed its acquisition of Flewber Global, Inc. for $8.3 million and is guiding its transformation into Flyte, Inc., a next-generation regional air mobility platform. Through Creatd’s strategic oversight, Flyte is optimizing operations, enhancing its AI-driven booking technology, and positioning itself for long-term profitability in the $28.5 billion regional air mobility market.

    Streamlined Operations, Focused Growth

    Flyte is built around three high-margin revenue verticals:

    • Hops: A more visionary approach to regional business travel, leveraging underutilized airports to bypass congested commercial hubs.
    • Luxe: On-demand private jet charters with white-glove service and optimized routes.
    • Escapes: Curated travel experiences that combine flights with premium hospitality partners.

    With a streamlined business model and enhanced operational efficiencies, Flyte has the potential to scale rapidly while maintaining financial discipline.

    Leveraging Tech, Data, and AI for Profitability

    Flyte’s AI-driven booking system, real-time flight analytics, and route optimization technology are designed to increase efficiency and elevate customer experience, ensuring high-margin, sustainable growth.

    “Regional air mobility is entering a new era, and Flyte is positioned at the forefront of that transformation,” said Jeremy Frommer, CEO of Creatd. “By integrating our expertise in AI, data, and operational efficiency, we are driving Flyte toward cash-flow positivity and long-term market leadership.”

    Expanding Partnerships & Market Reach

    Flyte is actively growing its network of corporate travel programs, luxury hospitality brands, and exclusive destination partners. Secured seat-block agreements with key partners ensure consistent demand and recurring revenue.

    “Flewber was just the beginning—Flyte is our future,” said Marc Sellouk, CEO of Flewber. “With Creatd’s backing, we are building a technology platform that connects travelers with their destinations more efficiently, whether for business, leisure, or a premium luxury experience.”

    Investor Outlook & Next Steps

    The transition from Flewber to Flyte is underway, with an updated investor presentation available here: https://www.creatd.com/presentations. 2025 marks a pivotal year as Flyte expands its footprint, strengthens profitability, and accelerates its market penetration.

    About Creatd:

    Creatd, Inc. is a publicly traded holding company that focuses on investments and operations across technology, media, advertising, and consumer sectors. By leveraging its expertise in structured finance and acquisitions, Creatd identifies and nurtures opportunities within small-cap companies, driving growth and innovation across its diverse portfolio. For more information, visit https://www.creatd.com/

    About Flyte:

    Flyte, Inc., previously Flewber Global, Inc. is a pioneering private aviation company dedicated to revolutionizing air travel through accessibility, convenience, and technology-driven innovation. By leveraging a seamless booking platform and a unique on-demand model, Flyte provides travelers with a more efficient and cost-effective alternative to traditional private jet charters. For more information, visit http://www.flewber.com/

    Contact:
    ir@creatd.com

    Forward Looking Statements: This statement includes forward-looking statements, which are based on current expectations, beliefs, and assumptions about future events and are subject to uncertainties and risks that could cause actual results to differ materially. These statements often contain terms like “expected,” “anticipated,” and “estimated.” Factors influencing future outcomes are unpredictable and may emerge over time. We do not commit to updating any forward-looking statement post its publication date. Our SEC filings provide further details and risk disclosures.

    The MIL Network

  • MIL-OSI: BCMI More Than Doubles Cloud-based Dispatch Footprint

    Source: GlobeNewswire (MIL-OSI)

    REDMOND, Wash., March 03, 2025 (GLOBE NEWSWIRE) — In 2024, BCMI Corp. celebrated 10 years in business, and another significant milestone. The technology leader and provider of cloud-based mobile software for concrete and bulk materials producers more than doubled its cloud-based ready-mix dispatch footprint across the U.S.

    Industry-leading companies, beginning with Smith Ready Mix in Valparaiso, Indiana, have adopted BCMI’s cloud-based system, including Miles Sand & Gravel, Geneva Rock and Sunroc (both Clyde Companies subsidiaries), BARD Materials and GCC. These producers have added BCMI’s dispatch as part of the end-to-end software platform that includes extensive operational and customer KPIs, quoting and sales tools, and customer invoicing.

    This year, large vertical materials producers imi and Titan America will implement BCMI’s cloud-based concrete dispatch system, as well as regional leaders Consumers Concrete and Zignego, to further accelerate its expansion.

    “One of the great advantages of BCMI Dispatch is that any change or update from our dispatchers and drivers is instantly shared across our company—and with our customers—through the BCMI mobile apps,” BARD Materials Vice President of Operations Chad Thier says. “BCMI truly partners with producers to shape a concrete dispatch system that leverages the best technology available, ensuring it meets the needs of the industry.”

    The BCMI Dispatch system has the advantage of being cloud-native, meaning it is developed using the most current technology rather than retrofitting older dispatch systems with hardware that must be maintained by producers. BCMI integrates with related systems, such as truck GPS and accounting programs, through API (Application Programming Interface) connections entirely in the cloud. This allows materials producers to choose their own best-in-class solution set to meet their business needs.

    “After an extensive, six-month evaluation, we concluded that BCMI’s combination of current product offerings, plus the opportunity to take part in the continued development of the product, was the best fit for what imi needs to service our customers and our internal teams,” imi President and CEO Pete Lyons says.

    BCMI’s leadership draws on more than 100 years of collective experience in serving the concrete and bulk materials market, making the team uniquely qualified to understand and address the needs of the industry. “We have all experienced the pain of struggling with outdated technology, and it makes us even more passionate about creating better tools for producers and contractors,” BCMI Vice President of Customer Success Janeen O’Dell says. “Things like mobile apps and eTicketing are old news in other industries, and there’s no reason our industry shouldn’t use them to make our day-to-day jobs easier.”

    According to BCMI Co-founder and President Craig Yeack and author of the “Tech Trends” column for Concrete Products magazine, “Our product team is laser focused on innovation, including aggressive research and development of AI tools for materials producers. In the next few years, we’ll see accelerated growth in technology, faster than we’ve seen in decades. We look forward to being the industry’s trusted partner as we navigate these changes together.”

    About BCMI

    BCMI Corp.’s mobile software empowers bulk construction material producers to improve business processes. BCMI’s performance analytics, interactive communication tools and AI-assisted dispatch keep materials producers and contractors aligned with real-time business solutions. For more on our cloud-based BCMI Dispatch, Material Pro and Material Now apps, visit www.bcmicorp.com.

    Media Contact

    Jennifer Jensen, BCMI Media and PR Specialist: Jennifer.jensen@bcmicorp.com

    The MIL Network

  • MIL-OSI: ZOOZ Power: Leading Charge Point Operator in China to install ZOOZ Power’s Boosting System, Marking Strategic Entry into the World’s Largest EV Market

    Source: GlobeNewswire (MIL-OSI)

    Tel-Aviv, Israel, March 03, 2025 (GLOBE NEWSWIRE) — ZOOZ Power Ltd. (Nasdaq: ZOOZ, TASE: ZOOZ), a leading provider of flywheel-based power boosters and energy management systems for enabling ultra-fast EV charging solutions, announced today that it has shipped its first power-boosting system, the ZOOZTER-100, to China. The commercial arrangements were made through a related party of ZOOZ Power in China. The site where ZOOZTER-100 will be installed was developed by Yixiaoju Technology Co., Ltd, a company that operates numerous locations within the Orange Charging (Xiaoju) network. Orange Charging, a sub-brand of DiDi’s energy sector, is China’s largest charging network, operating over 115,000 fast chargers. As the foremost mobility services platform in China and a publicly traded company in the U.S. with a market cap of $24.3 billion, DiDi’s ecosystem offers a significant opportunity for ZOOZ Power to extend its presence in this rapidly growing market.

    China’s electric vehicle (EV) market is experiencing unprecedented growth, with EVs accounting for nearly 50% of total car sales in 2024(1). This surge highlights the increasing demand for efficient charging solutions. In addition to enhancing the capabilities of Yixiaoju’s charging station, the Shanghai pilot installation will also serve as a vehicle for market penetration of ZOOZ Power’s flywheel-based power-boosting technology coupled with ZOOZ’s proven Energy Management System to the Chinese market. By providing a reliable and highly efficient solution for high-power EV charging, ZOOZ Power aims to support the expansion of ultra-fast charging networks while reducing the strain on local electricity grids.

    “Shipping our first system to China is a significant step in ZOOZ Power’s penetration into the Chinese market,” said Erez Zimerman, CEO of ZOOZ Power. “China is the undisputed leader in electric vehicle adoption and charging infrastructure, and we see tremendous potential for our technology in this market. We are thrilled to have an opportunity to demonstrate the benefits of our sustainable power-boosting solution to China’s top EV players. This is just the beginning of our journey in China, and we look forward to further opportunities to contribute to the country’s ambitious electrification goals.”

    ZOOZ Power’s innovative flywheel-based technology enables ultra-fast charging even in locations with limited grid capacity, eliminating the need for expensive grid upgrades and while maximizing charging station effectiveness. The company’s solution has already been deployed in multiple locations across Europe and North America, and this latest move signals its strategic focus on expanding into China’s rapidly growing EV market.

    About ZOOZ Power

    ZOOZ is the leading provider of Flywheel-based Power Boosting and Energy Management solutions, enabling the widespread deployment of ultra-fast charging infrastructure for electric vehicles (EVs) while overcoming existing grid limitations.

    ZOOZ pioneers its unique flywheel-based power-boosting technology, enabling efficient utilization and power management of a power-limited grid at an EV charging site. Its Flywheel technology allows high-performance, reliable, and cost-effective ultra-fast charging infrastructure.

    ZOOZ Power’s sustainable, power-boosting solutions are built with longevity and the environment in mind, helping its customers and partners accelerate the deployment of fast-charging infrastructure, thus facilitating improved utilization rates, better efficiency, greater flexibility, and faster revenues and profitability growth. ZOOZ is publicly traded on NASDAQ and TASE under the ticker ZOOZ
    For more information, please visit: www.zoozpower.com/

    Investor Contact:
    Miri Segal – CEO
    MS-IR LLC
    msegal@ms-ir.com

    Media enquiries:
    Media@zoozpower.com

    Forward-Looking Statement

    This press release contains “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended, and the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on the current beliefs, expectations, and assumptions of ZOOZ Power. All statements other than statements of historical facts contained in this press release, including statements regarding ZOOZ Power, and any of ZOOZ Power’s strategy, future operations and statements related to the collaboration between ZOOZ Power and “ON” charging network (including any plans to implement ZOOZ Power’s solution and upgrade an additional site of “ON” on Route 6) are forward-looking statements. These statements involve known and unknown risks, uncertainties and other important factors that may cause ZOOZ Power’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks and other risks and uncertainties are more fully discussed in the “Risk Factors” section of ZOOZ’s most recent Annual Report on Form 20-F as filed with the U.S. Securities and Exchange Commission (“SEC”) as well as other documents that may be subsequently filed by the Company from time to time with the SEC. The words “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements include, but are not limited to, statements relating to deployment of public ultra-fast charging infrastructure, the potential outcome of ZOOZ Power’s collaborations with third parties for installation of its flywheel-based power boosting solution, statements regarding the opportunity for ZOOZ Power to extend its presence in China, statements regarding growth in the Chinese market, statements regarding the expansion of ultra-fast charging networks and conditions in Israel and in the Middle East, including the effect of the evolving nature of the ongoing “Swords of Iron” war, may adversely affect ZOOZ Power’s operations. These forward-looking statements are only estimations, and ZOOZ Power may not actually achieve the plans, intentions or expectations disclosed in any forward-looking statements, so you should not place undue reliance on any forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in forward-looking statements made in this Press Release. Management of ZOOZ Power has based these forward-looking statements largely on current expectations and projections about future events and trends that such persons believe may affect ZOOZ Power’s business, financial condition and operating results. Forward-looking statements contained in this Press Release are made as of the date hereof, and none of ZOOZ Power or any of its representatives or any other person undertakes any duty to update such information except as may be expressly required under applicable law.


    1 https://www.asiafinancial.com/one-in-nearly-every-two-cars-sold-in-china-was-electric-in-2024

    The MIL Network

  • MIL-OSI: Jeito Capital announces significant participation in $187 million Series A financing for Callio Therapeutics to advance innovative multi-payload ADC programs designed to maximize therapeutic benefit for cancer patients

    Source: GlobeNewswire (MIL-OSI)

    Jeito Capital announces significant participation in $187 million Series A financing for Callio Therapeutics to advance innovative multi-payload ADC programs designed to maximize therapeutic benefit for cancer patients

    • Callio Therapeutics is a biotechnology company developing multi-payload ADCs with technology and programs exclusively in-licensed from Singapore-based Hummingbird Bioscience
    • Investment will contribute to achieve clinical proof-of-concept for
      Callio’s HER-2-targeted dual-payload ADC and a second undisclosed ADC program
    • Jeito’s investment reinforces its commitment to cutting-edge oncology innovations addressing treatment resistance and improving patient outcomes

    Paris, March 3rd2025 – Jeito Capital (“Jeito”), a global leading independent Private Equity fund dedicated to biopharma, announced today its significant participation in the $187 million (€180.2 million1) Series A financing round in Callio Therapeutics (“Callio”), a newly launched biotechnology company focused on realizing the promise of multi-payload antibody-drug conjugates (ADCs) to improve cancer therapy.

    Callio Therapeutics was founded by Frazier Life Sciences to develop next-generation multi-payload antibody-drug conjugates (ADCs) based on technology and programs exclusively in-licensed from Singapore-based Hummingbird Bioscience. The company is led by co-founder and CEO Piers Ingram, PhD, alongside a founding management team with deep expertise in ADC development bringing experience from leading biotechnology and biopharmaceutical companies (including Hummingbird Bioscience, ProfoundBio, Silverback Therapeutics, SeaGen, Medarex, and Genentech).

    The $187 million Series A financing was led by Frazier Life Sciences with significant participation from Jeito alongside an investment syndicate including Novo Holdings A/S Omega Funds, ClavystBio, Platanus, Norwest, Pureos Bioventures, SEEDS Capital and EDBI. The strength of this syndicate underscores the broad confidence in Callio’s innovative ADC platform and its potential to reshape cancer therapy.

    Callio Therapeutics will use the proceeds from the Series A financing to achieve clinical proof-of-concept for its HER2-targeted dual-payload ADC and a second undisclosed ADC program, all designed to maximize therapeutic benefit for cancer patients by overcoming the limitations of single-payload therapies. By enabling the targeted delivery of rational drug combinations to tumor cells, Callio’s approach has the potential to significantly enhance efficacy and address resistance mechanisms.

    Rachel Mears, Partner at Jeito will join Callio’s Board of Director as Board member.

    Through this investment, Jeito reinforces its commitment to supporting transformative oncology innovations that address key resistance mechanisms in cancer treatment. Callio’s differentiated multi-payload ADC platform aligns with Jeito’s investment thesis of backing high-potential biopharma companies developing next-generation therapies with the potential for global leadership.

    Dr Rafaèle Tordjman, MD, PhD, Founder and CEO of Jeito Capital said: “We are pleased to support Callio Therapeutics as it advances its differentiated multi-payload ADC platform to address some of the biggest challenges in oncology. As long-standing investors in this therapeutic area, we recognize the quality and potential of Callio’s approach to overcome resistance mechanisms and improve outcomes for patients with hard-to-treat cancers. At Jeito, we believe that strategic collaboration and bold innovation are key to accelerating the next generation of targeted therapies, and we look forward to working alongside the Callio team to bring these advances to patients in need. “

    Rachel Mears, Parner at Jeito Capital added: “Callio is a highly innovative company that benefits from an experienced management team and deep expertise in oncology, where new therapies remain highly needed for those suffering from various forms of cancer. We look forward to collaborating with Callio’s team through our collective knowledge and expertise in both ADC and oncology with the ambition to go faster to patients with high unmet needs. “

    Piers Ingram, PhD, co-founder and Chief Executive Officer of Callio Therapeutics concluded: “We are delighted to be launching Callio Therapeutics with this very strong syndicate of investors. Multi-payload ADCs have the potential to enable the targeted delivery of rational drug combinations to cancer cells, and may provide significantly enhanced efficacy. This new generation of ADC therapies may meaningfully improve outcomes for patients.”

    About Jeito Capital
    Jeito Capital is a global leading Private Equity fund with a patient benefit driven approach that finances and accelerates the development and growth of ground-breaking medical innovation. Jeito empowers and supports managers through its expert, integrated, multi-talented team and through the investment of significant capital to ensure the growth of companies, building market leaders in their respective therapeutic areas with accelerated patients’ access globally, especially in Europe and the United States. Jeito Capital has €534 million under management and a rapidly growing portfolio of investments. Jeito Capital is based in Paris with a presence in Europe and the United States.
    For more information, please visit www.jeito.life or follow us on LinkedIn or X.

    About Callio Therapeutics
    Headquartered in Seattle and Singapore, Callio Therapeutics is focused on realizing the promise of multi-payload antibody-drug conjugates to transform cancer patient outcomes. The company is developing next-generation, multi-payload antibody-drug conjugates (ADCs) that feature differentiated payload and linker technologies that enable targeted delivery of multi agents to tumor cells to maximize therapeutic benefit. Callio Therapeutics’ lead program is a HER2-targeted dual-payload ADC. Callio Therapeutics was created by Frazier Life Sciences, a longstanding investment firm focused on innovative therapeutics, based on ADC technology and programs exclusively in-licensed from Hummingbird Bioscience. For more information , please visit www.calliotx.com and follow Callio Therapeutics on LinkedIn.

    Contacts:
    Jeito Capital                                        
    Rafaèle Tordjman, Founder & CEO
    Jessica Fadel, EA
    Tel: +33 6 33 44 25 47

    Maior
    Stéphanie Elbaz – Tel: +33 6 46 05 08 07

    ICR Healthcare
    Mary-Jane Elliott / Davide Salvi / Kris Lam
    Jeito@icrhealthcare.com
    Tel: +44 (0) 20 3709 5700


    1EUR/USD exchange rate: 1 EUR = 1.0377 USD date February 7, 2025 (source: Banque de France)

    The MIL Network

  • MIL-OSI: FinWise Bancorp Appoints Jim Noone as Chief Executive Officer of FinWise Bank

    Source: GlobeNewswire (MIL-OSI)

    MURRAY, Utah, March 03, 2025 (GLOBE NEWSWIRE) — FinWise Bancorp (NASDAQ: FINW) (“FinWise” or the “Company”), parent company of FinWise Bank (the “Bank”), today announced the appointment of Jim Noone to Chief Executive Officer (“CEO”) of the Bank, in addition to his current responsibilities as Bank President. Kent Landvatter will remain Chairman of the Board and CEO of FinWise Bancorp as well as the Executive Chairman of FinWise Bank.

    Mr. Noone’s ascension to CEO and President of the Bank comes after seven years of successful leadership at FinWise, including through the Company’s pivotal initial public offering. He joined the Bank in February of 2018, was named Executive Vice President and Chief Credit Officer in June of 2018 and was named President of the Bank in March of 2023. Mr. Noone has over 20 years of financial services experience including commercial banking, investment banking and private equity.

    “Jim has been instrumental in helping shape our strategic roadmap, developing our infrastructure and creating innovative banking products that drive customer value. I am confident in his abilities to manage the organization’s day-to-day operations,” said Kent Landvatter, CEO and Chairman of the Board of FinWise Bancorp. “Jim will continue to work closely with me on the Bank’s long-term strategy and market positioning to deliver shareholder value.”

    “I am honored and humbled to step into the role of CEO and President of FinWise Bank. Kent’s leadership and mentorship have been a steady guide to me and for the entire executive team. I look forward to continuing to collaborate with Kent, our employees, partners and regulators to deliver the next stage of growth for the Bank,” said Jim Noone. “Our opportunities and relationships have never been stronger. Our commitment to banking innovation and to delivering meaningful and long-term benefits to our employees, our customers and our shareholders remains strong.”

    About FinWise

    FinWise provides Banking and Payments solutions to fintech brands. The Company is expanding and diversifying its business model by incorporating Payments (MoneyRails ™) and BIN Sponsorship offerings. Its existing Strategic Program Lending business, conducted through scalable API-driven infrastructure, powers deposit, lending and payments programs for leading fintech brands. As part of Strategic Program Lending, FinWise also provides a Credit Enhancement Program, which addresses the challenges that lending and card programs face diversifying their funding sources and managing capital efficiency. In addition, FinWise manages other Lending programs such as SBA 7(a), Owner Occupied Commercial Real Estate, and Leasing, which provide flexibility for disciplined balance sheet growth. Through its compliance oversight and risk management-first culture, the Company is well positioned to guide fintechs through a rigorous process to facilitate regulatory compliance.

    https://www.finwise.bank/

    Contacts

    investors@finwisebank.com
    media@finwisebank.com

    The MIL Network

  • MIL-OSI: The BANK of Greenland’s Annual Report 2024

    Source: GlobeNewswire (MIL-OSI)

    Lending growth and fine results
    The BANK of Greenland achieved a profit before tax of DKK 245.7 million in 2024, compared with DKK 244.6 million in 2023. The result is at the level of the revised guidance from October 2024 of a profit at the level of DKK 225-250 million but exceeds the expectations at the start of the year of a profit of DKK 180-230 million.

    Return on opening equity before tax and dividend was 17.5 % compared to 18.9 % in 2023.

    The Bank recommends to the Annual General Meeting that the dividend payment is DKK 100 per share.

    Profit before value adjustments and write-downs amounts to DKK 236 million compared to DKK 218.7 million in 2023.

    Net interest and fee income increased by DKK 35.3 million compared to 2023, amounting to DKK 470.3 million.

    For the overall year, value adjustment of securities and currencies resulted in a gain of DKK 28.6 million compared to a gain of DKK 40.1 million in 2023.

    In 2024, impairment of loans etc. amounted to DKK 18.9 million, which is DKK 4.7 million higher than in 2023.

    Lending increased by DKK 218 million to DKK 5,031 million at the close of 2024, which is the highest level in the Bank’s history. At the same time, the guarantee volume declined in 2024 to DKK 1,423 million, compared with DKK 1,774 million in 2023. The decrease is primarily due to a change in the guarantee scheme with DLR Kredit in 2024.

    The BANK of Greenland’s capital ratio amounted to 26.9 at end of 2024, and the Bank has calculated the individual solvency requirement at 11.1%.

    Outlook for 2025
    Short-term yields are expected to fall in 2025 as inflation comes under control in Europe. It is expected that this in turn will reduce costs and increase the Bank’s customers’ investment appetite. The lower interest rates will have a significant negative effect on core earnings, however. 

    Uncertainty in the capital markets will affect the Bank’s value adjustments. We nonetheless expect losses and write-downs to remain at a low level, and derived risks related to inflation and cyclical uncertainty in 2025 are assessed to be addressed by the current level of impairment write-downs.

    In both the short and longer term, the considerable focus on Greenland, which escalated at the beginning of 2025, can affect the economic development and the framework conditions in Greenland. However, the BANK of Greenland has no basis to assess that this will be of any material significance in the short term in 2025, so that it is the circumstances described in this report – the macroeconomic and local conditions – that are generally expected to influence the Bank’s operations.

    The Bank expects a profit before tax of DKK 150-185 million for 2025. There is thus no change in the expected profit for the year, which is in line with the notification in the stock exchange announcement of 11 December 2024.

    Attachments

    The MIL Network

  • MIL-OSI: Cegedim: Termination and implementation of a new liquidity contract

    Source: GlobeNewswire (MIL-OSI)

         

    PRESS RELEASE

    Cegedim: Termination and implementation of a new liquidity contract

    Boulogne-Billancourt, France, March 3, 2025

    Cegedim (ISIN Code: FR0000053506) terminated the previous liquidity contract with Kepler Cheuvreux on February 28, 2025.
    As of that date, the following assets were booked to the liquidity account:
            10,259 Cegedim shares
            64,286.78 euros

    Cegedim announces that it has entrusted Rothschild Martin Maurel with the implementation of a liquidity and market surveillance contract for its ordinary shares, with effect from March 3, 2025, and for a period of one year, tacitly renewable. This contract has been drawn up in accordance with current regulations, and in particular AMF Decision 2021-01 of 22 June 2021. It complies with the code of conduct of the Association Française des Marchés Financiers (AMAFI).

    The purpose of this agreement is for Rothschild Martin Maurel to act as a market maker for Cegedim shares on the regulated market of Euronext Paris in order to promote the liquidity of transactions and the regularity of the listing of Cegedim shares.

    The resources allocated to its implementation are:
            10,259 Cegedim shares
            64,286.78 euros

    This contract will be suspended in the cases provided for in article 5 of the AMF Decision; or at the request of Cegedim for technical reasons (e.g., the counting of shares with voting rights before a general meeting or the counting of shares with dividend rights before the coupon is detached) for a period defined by Cegedim.

    About Cegedim:
    Founded in 1969, Cegedim is an innovative technology and services group in the field of digital data flow management for healthcare ecosystems and B2B, and a business software publisher for healthcare and insurance professionals. Cegedim employs nearly 6,700 people in more than 10 countries and generated revenue of over €654 million in 2024.
    Cegedim SA is listed in Paris (EURONEXT: CGM).
    To learn more please visit: www.cegedim.fr
    And follow Cegedim on X: @CegedimGroup, LinkedIn, and Facebook.

    Aude Balleydier
    Cegedim
    Media Relations
    and Communications Manager

    Tel.: +33 (0)1 49 09 68 81
    aude.balleydier@cegedim.fr

    Damien Buffet
    Cegedim
    Head of Financial
    Communication

    Tel.: +33 (0)7 64 63 55 73
    damien.buffet@cegedim.com

    Céline Pardo
    Becoming RP Agency
    Media Relations Consultant

    Tel.:        +33 (0)6 52 08 13 66
    cegedim@becoming-group.com

     

    Attachment

    The MIL Network

  • MIL-OSI: Sage Geosystems Achieves “Awardable” Status by the U.S. Department of Defense for the U.S. Air Force Geothermal Program

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, March 03, 2025 (GLOBE NEWSWIRE) — Sage Geosystems Inc. (Sage), the pioneer of Pressure Geothermal technology, announced today it was selected by the U.S. Air Force Office of Energy Assurance and the U.S. Department of Defense’s (DoD) Chief Digital and Artificial Intelligence Office (CDAO) to explore how to tap into America’s abundant geothermal energy supply to increase the U.S.’s national security and energy dominance.

    Having achieved “Awardable” status for three separate applications, Sage can now explore developing a utility-scale geothermal power plant domestically and abroad to supply U.S. military bases with reliable and cost-effective electricity, even during a grid outage.

    Sage was selected through the CDAO’s innovative solicitation process known as the Tradewinds Solutions Marketplace, which is designed to accelerate the procurement and adoption of mission-critical technologies, such as Artificial Intelligence, Machine Learning, and resilient energy technologies. All “awardable” solutions in Tradewinds have been assessed through complex scoring rubrics and competitive procedures and allow government and military customers to readily choose a pre-approved vendor to expedite a contract.

    Tradewinds selected three of Sage’s submissions:

    • Sage Geosystems individual submission
    • A partnership with an independent energy and carbon management company
    • A partnership with a major energy equipment manufacturing company and an energy service company.

    These selections represent three of eleven final applications that achieved “awardable” status.

    “The U.S. Air Force leveraged the Tradewinds solicitation process to quickly collaborate with innovative American companies to build resilient, next-generation geothermal technologies at our bases, using private capital instead of taxpayer dollars,” said Mr. Kirk Philips, Director, Air Force Office of Energy Assurance.

    “Sage is incredibly excited to have been granted awardable status by the DoD as this allows us priority selection for future contracts,” said Cindy Taff, CEO of Sage. “We are excited to play a role in helping unleash America’s energy dominance with secure, plentiful, geothermal energy.”

    Sage’s videos, including two videos produced in collaboration with three separate partner entities, accessible only by government customers on the Tradewinds Solutions Marketplace, present actual use cases in which the company would implement geothermal power generation solutions and/or energy storage solutions. Sage Geosystems was recognized among a competitive field of applicants to the Tradewinds Solutions Marketplace whose solutions demonstrated innovation, scalability, and potential impact on DoD missions. Government customers interested in viewing the video solutions can create a Tradewinds Solutions Marketplace account at tradewindAI.com.

    About Sage Geosystems:
    Sage Geosystems is a leader in the next-generation geothermal industry, pioneering the use of Pressure Geothermal. Pressure Geothermal leverages both the heat and the pressure of the earth to enable three applications: energy storage, power generation and district heating. It also broadly expands where it can be applied allowing geothermal to be deployed globally. For more information, visit www.sagegeosystems.com.

    About the Tradewinds Solutions Marketplace:
    The Tradewinds Solutions Marketplace is a digital repository of post-competition, readily awardable pitch videos that address the U.S. Department of Defense’s (DoD) most significant challenges in the Artificial Intelligence/Machine Learning (AI/ML), data, and analytics space. All awardable solutions have been assessed through complex scoring rubrics and competitive procedures and are available to Government customers with a Marketplace account. Government customers can create an account at www.tradewindai.com. Tradewinds is housed in the DoD’s Chief Digital Artificial Intelligence Office. For more information or media requests, contact: Success@tradewindai.com.

    About the U.S. Air Force Office of Energy Assurance:
    The U.S. Air Force Office of Energy Assurance (AF OEA), a directorate of the Air Force Civil Engineer Center (AFCEC), develops energy solutions that close energy resilience gaps and strengthen our nation’s Air Force and Space Force installations at home and abroad. By leveraging the expertise of the energy community, AF OEA builds tailored energy solutions for each installation that are resilient, innovative, and cost-effective. For more information, visit https://www.afcec.af.mil/energy.

    Media Contact:
    Claire Underwood
    claire@teamsilverline.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d29340a8-b223-4747-94af-84cc4d3c8782

    The MIL Network

  • MIL-OSI: Cyabra to Participate in the 37th Annual ROTH Conference on March 17-18

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, March 03, 2025 (GLOBE NEWSWIRE) — Cyabra Ltd. (Nasdaq: TBMC) a leading AI platform for real-time disinformation detection, today announced its participation in the 37th Annual ROTH Conference on March 17-18, 2025, in Dana Point, CA.

    During the conference, Dan Brahmy, Cyabra’s Chief Executive Officer and co-founder, will be available for one-on-one investor meetings on both days. To schedule a meeting, please contact your Roth representative.

    Cyabra has entered into a business combination agreement with Trailblazer Merger Corporation I (NASDAQ: TBMC), a blank-check special-purpose acquisition company.

    About the 37thAnnual Roth Conference

    This year’s event will consist of 1-on-1 / small group meetings, analyst-selected fireside chats, industry keynotes and panels with executive management attending from approximately 450 private and public companies in a variety of growth sectors including: Business Services, Consumer, Healthcare, Industrial Growth, Insurance, Resources, Sustainability and Technology, Media & Entertainment.

    About Cyabra

    Cyabra Strategy Ltd. is a real-time AI-powered platform that uncovers and analyzes online disinformation and misinformation by uncovering fake profiles, harmful narratives, and GenAI content across social media and digital news channels. Cyabra’s AI protects corporations and governments against brand reputation risks, election manipulation, foreign interference, and other online threats. Cyabra’s platform leverages proprietary algorithms and NLP solutions, gathering and analyzing publicly available data to provide clear, actionable insights and real-time alerts that inform critical decision-making. Cyabra uncovers the good, bad, and fake online.

    For more information, visit www.cyabra.com.

    Media Contact:

    Jill Burkes
    Jill@cyabra.com

    Investor Relations Contact:

    Miri Segal
    MS-IR
    msegal@ms-ir.com

    About Trailblazer

    Trailblazer is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. For more information, visit: www.trailblazermergercorp.com

    Forward-Looking Statements

    This press release contains certain forward-looking statements within the meaning of the federal securities laws with respect to certain products and services that are the subject of a proposed transaction (the “Business Combination”) between Trailblazer and Cyabra. All statements other than statements of historical facts contained in this press release, including statements regarding Cyabra’s business strategy, products and services, research and development costs, plans and objectives of management for future operations, and future results of current and anticipated product offerings, are forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including, but not limited to, the following risks relating to the proposed transaction: the ability to complete the Business Combination or, if Trailblazer does not consummate such Business Combination, any other initial business combination; expectations regarding Cyabra’s strategies and future financial performance, including its future business plans or objectives, prospective performance and opportunities and competitors, revenues, products and services, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and Cyabra’s ability to invest in growth initiatives and pursue acquisition opportunities; the occurrence of any event, change or other circumstances that could give rise to the termination of the Business Combination Agreement; the outcome of any legal proceedings that may be instituted against Trailblazer or Cyabra following announcement of the Business Combination Agreement and the transactions contemplated therein; the inability to complete the proposed Business Combination due to, among other things, the failure to obtain Trailblazer stockholder approval; the risk that the announcement and consummation of the proposed Business Combination disrupts Cyabra’s current operations and future plans; the ability to recognize the anticipated benefits of the proposed Business Combination; unexpected costs related to the proposed Business Combination; the amount of any redemptions by existing holders of Trailblazer’s common stock being greater than expected; limited liquidity and trading of Trailblazer’s securities; geopolitical risk and changes in applicable laws or regulations; the size of the addressable markets for Cyabra’s products and services; the possibility that Trailblazer and/or Cyabra may be adversely affected by other economic, business, and/or competitive factors; the ability to obtain and/or maintain the listing of the combined company’s common stock on Nasdaq following the Business Combination; operational risk; and the risks that the consummation of the proposed Business Combination is substantially delayed or does not occur.

    Important Information for Investors and Stockholders

    In connection with the Business Combination, Trailblazer Holdings, Inc., a subsidiary of Trailblazer (“Holdings”) has filed a registration statement on Form S-4 (the “Registration Statement”) with the United States Securities and Exchange Commission (the “SEC”), which includes a preliminary proxy statement/prospectus, and certain other related documents, which will be both the proxy statement to be distributed to holders of shares of Trailblazer’s common stock in connection with its solicitation of proxies for the vote by its stockholders with respect to the Business Combination and other matters as may be described in the Registration Statement, as well as the prospectus of Holdings relating to the offer and sale of its securities to be issued in the Business Combination. . After the Registration Statement is declared effective, the proxy statement/prospectus will be sent to all Trailblazer stockholders so that they may vote on the Business Combination.

    INVESTORS AND STOCKHOLDERS OF TRAILBLAZER ARE URGED TO READ CAREFULLY THE REGISTRATION STATEMENT, PROXY STATEMENT/PROSPECTUS, AND OTHER RELEVANT DOCUMENTS FILED OR TO BE FILED WITH THE SEC WHEN THEY BECOME AVAILABLE, AS THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE BUSINESS COMBINATION AND THE PARTIES INVOLVED.

    Trailblazer stockholders are currently able to obtain copies of the preliminary proxy statement/prospectus and other documents filed with the SEC that are incorporated by reference therein, and will be able to obtain the definitive proxy statement/prospectus and other documents filed with the SEC that will be incorporated by reference therein, once available, in all cases without charge, at the SEC’s web site at www.sec.gov, or by directing a request to: Trailblazer at 510 Madison Avenue, Suite 1401, New York, NY 10022, Telephone: 646-747-9618.

    Participants in the Solicitation

    Cyabra, Trailblazer, and their respective directors and executive officers may be deemed participants in the solicitation of proxies from Trailblazer stockholders regarding the proposed Business Combination. Information about Trailblazer’s directors and executive officers and their ownership of Trailblazer’s securities is set forth in the proxy statement/prospectus pertaining to the proposed Business Combination.

    No Offer or Solicitation

    This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, or a solicitation of any vote or approval. No sale of securities shall occur in any jurisdiction in which such offer, solicitation, or sale would be unlawful before registration or qualification under applicable

    The MIL Network

  • MIL-OSI: ServiceTrade Sponsors the Heavy Metal Summer Experience Program in Support of its Mission to Inspire Students to Pursue Rewarding Trade Careers

    Source: GlobeNewswire (MIL-OSI)

    DURHAM, N.C. and AUSTIN, Texas, March 03, 2025 (GLOBE NEWSWIRE) — MCAAServiceTrade, an innovative software platform designed to optimize commercial service business operations for growth and profit, announced its silver-level sponsorship of the career workshop series called The Heavy Metal Summer Experience. The program is supported by a dedicated group of trade industry associations, vendors, educators, and individuals. In its fifth year, the non-profit program aims to introduce students across the U.S. and Canada to mechanical, electrical, and plumbing careers.   

    “The growth of the mechanical construction and service industry relies on the next generation of workers,” said Angie Simon, president and co-founder of The Heavy Metal Summer Experience. “In 2024, the program held camps at 36 locations across the United States and Canada, a 71% increase in participation over previous years, with approximately 500 students enrolled. The 2025 program will hold sessions in 54 camp locations and reach almost 900 students in the season.”

    The Heavy Metal Summer Experience attracts students from all backgrounds and ethnicities, including 18.7% female students. It introduces students to all aspects of working in the trades, including hands-on learning and working with industrial materials. Students are provided with information on apprenticeship programs, trade specialties, local opportunities for further education, and information about careers in the industrial trades. 

    Careers in the trades are gaining popularity among young people. According to the Associated General Contractors of America, enrollment in focused commercial manufacturing and repair trade programs grew by 11% between 2021 and 2023. Undergraduate college enrollment dropped by 8% in the same period, according to the National Center for Education Statistics. Trade school programs are also faster and less expensive than alternatives, with students finishing programs within two years and quickly finding employment after graduation. 

    “A career in the trades is a terrific path to high job satisfaction, rapid career advancement, and great pay,” said Billy Marshall, Founder and Special Advisor at ServiceTrade.  “The demand for these young skilled workers is extraordinarily high with an estimated current labor shortfall of 14 – 20% in the commercial fire and mechanical service markets.  The Heavy Metal Summer Experience is the right solution at the right time, and we look forward to working alongside its founders to ensure its success.”

    To learn more about ServiceTrade and The Heavy Metal Summer Experience:

    About ServiceTrade  

    ServiceTrade, Inc. is a software platform for commercial mechanical, fire, and life safety contractors. During a chronic skilled labor shortage, ServiceTrade helps commercial contractors increase profit by improving service and project operations, increasing technician productivity, selling more service agreements, and growing customer loyalty. Located in Durham, North Carolina, ServiceTrade was founded in 2012 to automate and streamline the commercial mechanical and fire protection industry and has grown to have more than 1,300 customers. More than 10% of the commercial or industrial buildings in the United States are serviced by contractors using ServiceTrade. Learn more at www.servicetrade.com.

    Media contact:

    Media@KTCMarketingandPR.com

    The MIL Network

  • MIL-OSI: Alation Announces Agentic Platform to Reinvent the Data Catalog for the AI Era

    Source: GlobeNewswire (MIL-OSI)

    Agents scale and accelerate the delivery of AI, BI, and regulatory compliance initiatives

    AI Agent SDK empowers enterprises to build trusted AI and applications with trusted data

    REDWOOD CITY, Calif., March 03, 2025 (GLOBE NEWSWIRE) — Alation Inc., the data intelligence company, today announced the launch of its Agentic Platform. This reinvention of the data catalog for the AI era introduces the use of agents to automate and guide data discovery, governance, and compliance management. In addition, Alation also announced its AI Agent SDK, with support for Anthropic’s Model Context Protocol (MCP), enabling partners and customers to build agents and applications leveraging the data intelligence capabilities of the Alation Platform.

    Data management, governance, and cataloging programs have traditionally been complex, requiring alignment and execution across many stakeholders. While all team members need access to data, no one person or team has complete knowledge about the data, nor the rules for using it. As a result, data program owners must catalog an organization’s data assets, agree on documentation standards, and define governance policies. Data consumers must then learn how to access this information while adhering to compliance standards. On an ongoing basis, data stewards must update documentation as data assets change, and data governance teams must update privacy and compliance policies as regulation evolves. All of these efforts are evaluated against the business value they deliver.

    With the ever-growing volume of data and increasing regulatory requirements, even more is being asked of data teams. Yet, with budget constraints hindering hiring, and the institutional knowledge that data management professionals possess not easily replicated, data teams have found it difficult to prioritize, execute, and scale. Consequently, for many organizations, this has resulted in governance programs that deliver limited business value.

    The Alation Agentic Platform addresses these challenges by leveraging agents to automate time-consuming and manual data management processes. The agents automatically identify business requirements, resolve incomplete metadata, and apply data governance policies. These workflows combine data management domain knowledge with the metadata captured in the data catalog to create workflows that are tailored to the institutional context of each organization. In this way, the agents are able to distribute and act on information that was previously held by a small number of data management professionals. This enables data teams to significantly increase their productivity and accelerate the delivery of business-critical initiatives.

    Alation’s AI Agent SDK extends access to data management best practices, and trusted data and metadata to a new ecosystem of technology partners, enabling enterprises to catalyze innovation. Application and AI developers can now programmatically access the context within the Alation Agentic Platform – through Anthropic’s MCP – to deliver safer, more engaging user experiences that build higher levels of customer trust. For example, organizations building customer service chatbots can leverage the Alation Platform to inform a chatbot’s responses and verify that these responses comply with all applicable data governance policies.

    “Alation came out of stealth to launch the data catalog in 2015. Over the last ten years, we’ve been privileged to serve over 600 customers and 40% of the Fortune 100 on their data management journeys. During this time, data teams have faced steadily increasing demands as data sources have proliferated, regulation has increased, and business needs have intensified. Data teams need to realize value faster than ever,” said Satyen Sangani, co-founder and CEO at Alation. “While AI is creating increasing pressure on data teams, it will also come to their aid. With today’s Agentic Platform launch, we allow data teams to focus on value instead of getting lost in the maze of tools, processes, policies, or metadata. We are excited to see these agents dramatically increase data teams’ productivity and capabilities.”

    Initial agentic capabilities include:

    • Documentation: The Documentation Agent automatically ingests, organizes, and connects content to relevant data assets, enriching the understanding of data and impact of documentation.
    • Data Quality: The Data Quality (DQ) Agent leverages Alation’s knowledge base to automatically create and apply data quality rules to ensure business analysts, reporting dashboards, and LLM training datasets contain accurate and timely information.
    • AI Agent SDK: The AI Agent SDK enables organizations to build their own AI agents powered by the search and discovery capabilities of the Alation Platform. These capabilities are delivered as tools that support Anthropic’s MCP and can be accessed through an Alation sandbox.

    These capabilities are currently in beta and are expected to be generally available starting in Q2 2025.

    For more information, please visit https://www.alation.com/product/agentic-data-intelligence-platform/ and read the blog, “Reinventing the Role of Data Catalogs and Governance in the Era of Agents.”

    About Alation
    Alation is the data intelligence company. More than 600 global enterprises — including 40% of the Fortune 100 — rely on Alation to realize value from their data and AI initiatives. Customers such as Cisco, DocuSign, Nasdaq, Pfizer, and Samsung trust Alation’s platform for self-service analytics, cloud transformation, data governance, and AI-ready data, fostering data-driven innovation at scale. Headquartered in Redwood City, California, Alation has been recognized five times by Inc. Magazine as one of the Best Workplaces. To learn more, visit www.alation.com.

    Media Contact
    Ashley Womack
    Sr. Director, Corporate Marketing
    650-504-2647
    ashley.womack@alation.com

    The MIL Network

  • MIL-OSI: Alation Announces Agentic Data Quality Solution to Close Data Trust Gap

    Source: GlobeNewswire (MIL-OSI)

    REDWOOD CITY, Calif., March 03, 2025 (GLOBE NEWSWIRE) — Alation Inc., the data intelligence company, today introduced Alation Data Quality (DQ), an AI-native solution that restores trust in data by identifying and proactively monitoring critical data assets, and automatically applying relevant quality rules.

    Organizations struggle with unreliable data, leading to a trust gap between data producers and data consumers, operational risks, and flawed AI models. Moreover, with data volumes exponentially increasing, when data quality issues are flagged, data teams struggle to decide which data assets to monitor due to the overwhelming volume of data. This forces teams to conduct lengthy research and requirement gathering, or worse, they must resort to monitoring all data assets. Even after identifying critical data, applying and maintaining quality rules remains a tedious, labor-intensive task.

    Extending the Alation Platform, Alation DQ is powered by an AI agent that analyzes usage patterns to determine the most critical data assets. Once identified, the Alation Data Quality (DQ) Agent leverages the business and semantic context in the Alation Data Intelligence Platform to automatically generate and apply tailored data quality rules, removing the traditional dependence on IT teams to help support. For example, in the context of a retail client, the DQ Agent can automatically detect which columns relate to order information and apply rules to flag missing or incomplete fields. When issues arise, the DQ Agent provides root cause analysis and remediation recommendations by leveraging the full breadth of the Alation Data Intelligence Platform, such as end-to-end data lineage, to ensure teams can swiftly address data quality gaps.

    “Trust is the foundation of data-driven decision-making, yet many organizations struggle with fragmented, unreliable data,” said GT Volpe, Senior Director of Product Management at Alation. “Alation DQ delivers an intelligent, scalable, and open solution that ensures data quality while maximizing the value of enterprise data.”

    Key Capabilities of Alation Data Quality:

    • Measure what matters: Alation DQ prioritizes the most business-critical data assets using real consumption patterns, eliminating guesswork and reducing costs.
    • Automatically generate data quality rules: AI-powered automation detects data types, usage contexts, and governance policies, and applies relevant quality rules, ensuring proactive monitoring without manual effort.
    • Integrated data quality and data governance reporting: Access a holistic view of the entire data landscape with the ability to zoom in to table- and column-level views of data quality health and data governance policy status in a single interface.
    • Unified user experience: Seamlessly integrated with the Alation Data Intelligence Platform, Alation DQ leverages rich metadata and business lineage for a streamlined, intuitive experience.

    Alation Data Quality extends the company’s commitment to providing an open and extensible data intelligence platform. Alation DQ provides integrated, context-driven data quality capabilities and is designed to complement best-of-breed data quality solutions. Organizations can integrate their preferred data quality tools through the Alation Open Data Quality Framework while leveraging Alation’s governance, lineage, and metadata to deliver a unified view of data health.

    Alation Data Quality (DQ) will be generally available in Q3 2025. For more information, read the blog: “Announcing Alation Data Quality: Restoring Trust in Your Data.

    About Alation
    Alation is the data intelligence company. More than 600 global enterprises — including 40% of the Fortune 100 — rely on Alation to realize value from their data and AI initiatives. Customers such as Cisco, DocuSign, Nasdaq, Pfizer, and Samsung trust Alation’s platform for self-service analytics, cloud transformation, data governance, and AI-ready data, fostering data-driven innovation at scale. Headquartered in Redwood City, California, Alation has been recognized five times by Inc. Magazine as one of the Best Workplaces. To learn more, visit www.alation.com.

    Media Contact
    Ashley Womack
    Sr. Director, Corporate Marketing
    650-504-2647
    ashley.womack@alation.com

    The MIL Network

  • MIL-OSI: Alation Announces Data Products Marketplace and Expert Services Offering to Operationalize Data Across the Enterprise

    Source: GlobeNewswire (MIL-OSI)

    REDWOOD CITY, Calif., March 03, 2025 (GLOBE NEWSWIRE) — Alation Inc., the data intelligence company, today introduced Alation Data Products Marketplace and a new Data Products Expert Services offering to ensure all organizations can easily operationalize their data assets to effectively deliver business impact. The Data Products Marketplace serves as a centralized exchange where business users and data teams can quickly find, understand, and access trusted data products. Complementing this product launch, Alation’s Expert Services offering helps organizations adopt the modern data operating model necessary to quickly operationalize data products at scale.

    Many data teams struggle with fragmented data management approaches that hinder agility, trust, and scalability. Data products address these challenges by standardizing how data is packaged, governed, and consumed—ensuring consistency, compliance, and reusability while enabling faster access to trusted insights. According to the Harvard Business Review, A Better Way to Put Your Data to Work, companies that treat data like a product can reduce the time it takes to implement new use cases by as much as 90%, decrease their total ownership costs by up to 30%, and reduce their risk and data governance burden.

    Alation’s new offerings enable businesses to efficiently operationalize data products at scale, changing data management from a fragmented and ad hoc process into a systematic and repeatable model. The Data Products Marketplace addresses the conflict between speed and trust, a common challenge for organizations striving to deliver data quickly while maintaining data governance and quality. It offers a centralized, governed platform where business users, applications, and AI systems can easily discover and utilize reliable, high-value data products, which speeds up business insights.

    For a data product approach to be successful, organizations must also align people, processes, and culture. Alation’s new Data Products Expert Services helps organizations transition to a new data operating model by providing hands-on guidance and best practices for defining, managing, and delivering data products that align with business goals.

    “Making reusable Data Products easily accessible through the Alation Marketplace gives us the power to operationalize our data faster – connecting our business users and applications with actionable and trusted data, enabling better decision-making,” said Paul Wingrove, Head of Data Enablement at Jupiter Asset Management.

    “With AI adoption accelerating and creating even more strain on over-burdened data teams, organizations need a scalable, governed approach to data products to keep up with the demands of the business,” said Jake Magner, Senior Director, Product Management at Alation. “Our Data Products Marketplace and Expert Services provide a complete solution that enables businesses to balance speed with trust—delivering high-quality, reusable data products quickly that drive smarter AI and impactful business insights.”

    Key Benefits of Alation Data Products Marketplace include:

    • Deliver data products efficiently: Data teams can publish and manage reusable data products, analyzing usage across business teams to identify ways to optimize and reuse data effectively.
    • Discover insights faster: Business users can easily find and access ready-to-use, trusted data products to make quick, confident decisions driving business impact.
    • Reinforce data governance: The marketplace enforces governance policies by ensuring that data access, usage, and sharing align with predefined compliance and security standards, providing a controlled yet agile environment for data consumption.
    • Power AI and automation: The marketplace provides the foundation for trusted data-driven AI and business applications while ensuring quality and compliance.

    Key Benefits of Alation Data Products Expert Services include:

    • Align people, processes, and technology to maximize data product effectiveness.
    • Implement a producer/consumer model that fosters collaboration and accountability.
    • Launch pilot initiatives to prove value and establish repeatable success.
    • Scale data products strategically to drive long-term business impact.

    The Alation Data Product Marketplace will be generally available in Q3 2025. The Data Products Expert Services are available immediately.

    To learn about the Modern Data Operating Model, download the latest whitepaper: The Data Product Blueprint: 10 Key Attributes for Faster Business Impact. Read the blog: “Introducing the Alation Data Products Marketplace: Trusted, High-Impact Data at Speed.”

    About Alation
    Alation is the data intelligence company. More than 600 global enterprises — including 40% of the Fortune 100 — rely on Alation to realize value from their data and AI initiatives. Customers such as Cisco, DocuSign, Nasdaq, Pfizer, and Samsung trust Alation’s platform for self-service analytics, cloud transformation, data governance, and AI-ready data, fostering data-driven innovation at scale. Headquartered in Redwood City, California, Alation has been recognized five times by Inc. Magazine as one of the Best Workplaces. To learn more, visit www.alation.com.

    Media Contact
    Ashley Womack
    Sr. Director, Corporate Marketing
    650-504-2647
    ashley.womack@alation.com

    The MIL Network

  • MIL-OSI: Alliance Memory to Feature Latest Innovations at Embedded World 2025

    Source: GlobeNewswire (MIL-OSI)

    KIRKLAND, Wash., March 03, 2025 (GLOBE NEWSWIRE) — Alliance Memory will display its expanded product portfolio at Embedded World 2025, taking place March 11-13 at the Nuremberg Exhibition Centre in Nuremberg, Germany. In Stand 3A-215, the company will introduce its new 32Mb fast SRAM, DDR4 and LPDDR4X SDRAMs, and high-density Serial NOR Flash devices, all of which enhance device performance with higher density, low power consumption, and rapid data transfer rates to meet the needs of modern applications.

    “Our latest offerings underscore our commitment to meeting the evolving needs of the market with memory solutions that boost efficiency and reliability,” said David Bagby, president and CEO of Alliance Memory. “The new 32Mb fast SRAM, advanced DDR4 and LPDDR4X SDRAMs, and our high-capacity Serial NOR Flash devices are designed to provide our customers with the performance they require for today’s competitive technology landscape.”

    FEATURED PRODUCTS

    32Mb Fast SRAM: Alliance Memory’s newly introduced 32Mb fast SRAM in a 48-ball FBGA package provides a wide power supply range and fast access times, making it ideal for a variety of high-speed applications.

    DDR4 SDRAMs: The company has expanded its CMOS DDR4 SDRAM offerings with 8Gb, 16Gb, and 32Gb devices that combine fast clock speeds up to 1600MHz and transfer rates up to 3200MT/s. The DDR4 SDRAM are available in 78-ball and 96-ball FBGA packages.

    LPDDR4X SDRAM: For mobile and high-performance applications, the new 16Gb LPDDR4X device features increased clock speeds and higher data rates in a 200-ball FBGA package.

    High-Density Serial NOR Flash Devices: New additions to the Serial NOR Flash family include 128Mb, 256Mb, and 512Mb densities, offering flexible, high-performance memory solutions for a broad range of applications, from mobile PCs to connectivity modules.

    To schedule an appointment with Alliance Memory at Embedded World 2025 or for more information about the company’s new products, please contact Bob Decker at bob.decker@redpinesgroup.com.

    About Alliance Memory
    Alliance Memory is a worldwide provider of critical and hard-to-find memory ICs for the communications, computing, consumer electronics, medical, automotive, and industrial markets. The company’s product range includes flash, DRAM, and SRAM memory ICs with commercial, industrial, and automotive operating temperature ranges and densities from 64Kb to 128GB. Privately held, Alliance Memory maintains headquarters in Kirkland, Washington, and regional offices in Europe, Asia, Canada, and South America. More information about Alliance Memory is available online at www.alliancememory.com.

    Agency Contact:
    Bob Decker
    Redpines
    +1 415 409 0233
    bob.decker@redpinesgroup.com

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  • MIL-OSI: F.A.S.T.® aiCockpit® CT Lung Nodule Software Receives FDA 510(k) Clearance

    Source: GlobeNewswire (MIL-OSI)

    Provides Efficient Interaction with Consolidated AI Results

    PALO ALTO, Calif., March 03, 2025 (GLOBE NEWSWIRE) — Fovia Ai, Inc., an innovative leader in AI findings analysis and workflow software, has received FDA 510(k) clearance for F.A.S.T.®aiCockpit®CT Lung Nodule through Fovia, Inc., its parent company. F.A.S.T. aiCockpit CT Lung Nodule is an application that allows radiologists to efficiently visualize, navigate, edit and accept/reject lung nodule detection algorithm results.

    FDA Cleared 510(k) F.A.S.T.® aiCockpit® CT Lung Nodule Software Now Available for PACS,
    Universal Viewers, Reporting Systems, and AI Vendors, Orchestrators, and Platforms

    F.A.S.T. aiCockpit CT Lung Nodule provides radiologists a powerful tool for reviewing AI-driven radiology findings that both accelerates case times and expedites artificial intelligence integration within the radiology landscape. This streamlined application provides optimized workflows for interacting with AI results from Chest CT Lung Nodule detection AI algorithms and is the first component of F.A.S.T. aiCockpit Universal AI Viewer, which will deliver optimized workflows for all radiology AI algorithms, further eliminating the need to launch multiple viewers.

    F.A.S.T. aiCockpit CT Lung Nodule can be easily embedded in existing workflows so that radiologists can quickly review, edit and decide on the relevancy and accuracy of algorithm results. Adjustments to diameter and volume measurements, editing of descriptions and locations of detected lung nodules, rejection of false positives, and examination in 2D/3D are just a few examples of what is available within the application. Additionally, all radiologist-approved, finalized results are automatically forwarded to the long-term archive and reporting system for automated inclusion in the radiologist report.

    PACS, Universal Viewers, Reporting Systems, and AI Vendors, Orchestrators, and Platforms can easily install and offer this technology within their existing products, and quickly scale their AI offering. Multiple algorithms can be included in any F.A.S.T. aiCockpit CT Lung Nodule installation, eliminating the need for companies to integrate separate AI vendors and algorithms, thereby significantly reducing integration costs. Once F.A.S.T. aiCockpit is installed, companies can immediately begin offering efficient, comprehensive AI tools resulting in faster case times, thereby increasing accuracy and expediting clinical decision-making for their radiologists.

    About Fovia Ai

    Fovia Ai, Inc. is a subsidiary of Fovia, Inc., a world leader in advanced visualization, a preeminent provider of cloud-based, zero-footprint imaging SDKs, and the developer of High Definition Volume Rendering®, XStream®HDVR®, F.A.S.T.®Hybrid Rendering, F.A.S.T.®Interactive Segmentation, RapidPrint® and TruRender®. Fovia Ai’s flagship products, F.A.S.T.®aiCockpit® and F.A.S.T.®AI SDK, enable radiologists and clinicians to efficiently access AI results directly within their existing workflows from any PACS, worklist, dictation software or hospital system. Complementary products in Fovia Ai’s product suite include F.A.S.T.®AI Annotation, F.A.S.T.®AI Validation, F.A.S.T.®AI Workflows and F.A.S.T.®Interactive AI, collectively providing tools to annotate, validate, modify, accept/reject, interact with and segment data. The flexible architecture of Fovia Ai’s product suite and Fovia’s 20+ years of radiology integration experience facilitate seamless integrations with a variety of partners, platforms, processors and operating systems.

    For additional information and to learn more about commercial, academic or research licensing, visit fovia.ai or fovia.com.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7fc7b053-2005-47a3-838d-b00f015a5eab

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  • MIL-OSI: Central 1 and Intellect Design Arena Ltd. Conclude Operating Partnership Transaction Digital banking operations transferred as of March 3, 2025

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia and TORONTO, March 03, 2025 (GLOBE NEWSWIRE) — Central 1 Credit Union (Central 1) and Intellect Design Arena Ltd. (Intellect) today announced the completion of all necessary closing activities for the operating partnership agreement in which Intellect will assume responsibility for Central 1’s digital banking operations.

    Effective March 3, 2025, operation of Central 1’s Forge, MemberDirect, public website and mobile applications and products, will be transferred to Intellect. Team members from Central 1’s digital banking engineering and service teams will also join the Intellect team to operate Central 1’s digital banking software and support clients as they transition to new digital banking platforms.

    Central 1 will continue to provide the technology infrastructure and related services.

    “The Intellect team, along with those joining from Central 1, bring a strong commitment to seamless service and collaboration. We are confident that this approach provides the most stable path forward for clients and for Central 1 as transitions to new digital banking platforms take place over the next few years,” said Sheila Vokey, CEO of Central 1.

    “We are pleased to welcome the Central 1 team members joining Intellect and reaffirm our deep commitment to credit unions and banks in Canada. As trusted financial partners to millions, credit unions are pivotal in fostering economic resilience and community-driven banking. Their ability to stay ahead in a rapidly evolving landscape depends on a strong digital foundation that balances innovation with stability,” said Rajesh Saxena, CEO of Intellect Global Consumer Banking.

    About Central 1: Central 1 cooperatively empowers credit unions and other financial institutions who deliver banking choice to Canadians. With assets of $11.6 billion as of September 30, 2024, Central 1 provides critical payments, treasury and clearing and settlement services at scale to enable the credit union system. We do this by collaborating with our clients, developing strategies, products, and services to support the financial well-being of their more than five million diverse customers in communities across Canada. For more information, visit central1.com. 

    About Intellect Design: Intellect is an enterprise-grade financial technology leader, providing composable and intelligent solutions for futuristic global financial institutions across 57 countries. Intellect’s revolutionary First Principles Thinking-based Platform, eMACH.ai, is the most comprehensive, composable, and intelligent open finance platform in the world. With three decades of domain expertise, Intellect Design offers a full spectrum of banking and insurance technology products through four lines of business: Global Consumer Banking (iGCB), Global Transaction Banking (iGTB), IntellectAI and Digital Technology for Commerce (iDTC). Intellect Canada delivers proven Retail and Commercial Banking solutions, including Core Banking and Digital platforms, tailored to meet the unique needs of Canadian financial institutions of all sizes. To know more, visit intellectdesign.com

    Caution Regarding Forward Looking Statements 
    This press release and announcement contains historical, forward-looking statements as well as statements about the timing and completion of closing activities and the nature and quality of the services, collaboration and timing of transitions to new digital banking platforms. All statements and other information about anticipated future events may constitute “forward-looking information” under Canadian securities laws. These include, without limitation, statements relating to Central 1’s intention to wind down its digital banking business, and the timeline and processes relating to the same, Central 1’s plans to transition its clients to alternative digital banking providers, as well as statements that contain the words “may,” “will,” “intends” and “anticipates” and other similar words and expressions. 

    Forward-looking information are or may be based on assumptions, uncertainties, and management’s best estimates of future events. Central 1 has based the forward-looking statements on current plans, information, data, estimates, expectations, and projections about, among other things, results of operations, financial, condition, prospects, strategies and future events, and therefore undue reliance should not be placed on them. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made. Actual results may differ materially from those currently anticipated. Securityholders are cautioned that such forward-looking statements involve risks and uncertainties. Certain important assumptions by Central 1 in making forward-looking statements include, but are not limited to, competitive conditions, economic conditions and regulatory considerations. Important risk factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements include economic risks, regulatory risks (including legislative and regulatory developments), risks and uncertainty from the impact of rising or falling interest rates, information technology and cyber risks, environmental and social risk (including climate change), digital disruption and innovation, reputation risk, competitive risk, privacy, data and third-party related risks, risks related to business and operations, risks relating to the transition of clients to alternative digital banking providers, and other risks detailed from time to time in Central 1’s periodic reports filed with securities regulators. Given these risks, the reader is cautioned not to place undue reliance on forward-looking statements. Central 1 undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable laws. 

    Contacts

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  • MIL-OSI: Announcement of the ordinary general shareholders meeting Urbo bankas UAB for the year 2025

    Source: GlobeNewswire (MIL-OSI)

    Urbo bankas UAB (hereinafter – “the Bank”), company code 112027077, address: Konstitucijos pr.18B, Vilnius.

    The Ordinary General Meeting of Shareholders of  the Bank is convened in 2025 March 21, 11 a.m. at Konstitucijos pr. 18B, Vilnius (4th floor).

    The agenda of the ordinary General Meeting of Shareholders is as follows:

    • Regarding Urbo bankas UAB in 2024 management reports.
    • Regarding the auditor’s report of Urbo bankas UAB.
    • Regarding the approval of the Set of Financial Statements of Urbo bankas UAB for 2024.
    • Regarding the distribution of profit of Urbo bankas UAB for the year 2024.
    • Regarding the increase of the authorized capital of Urbo bankas UAB from the funds of Urbo bankas UAB.
    • Regarding the amendment of the articles of association of Urbo bankas UAB.
    • Regarding the election of members of the supervisory board of Urbo bankas UAB.

    The draft resolution of each issue on the agenda of the general meeting of shareholders, as well as other documents that must be submitted to the general meeting of shareholders, and information related to the exercise of shareholder rights, can be obtained from the person exercising the rights of the Bank’s shareholder at the bank’s headquarters at Konstitucijos pr. 18B, Vilnius. The opportunity to receive the above-mentioned information will be made no later than 10 days before the general meeting of shareholders.

     For more information please contact: Head of Business Division Julius Ivaška, ph.: +370 601 04 453, e-mail: media@urbo.lt

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  • MIL-OSI: STMicroelectronics announces new capabilities of NB-IoT and geolocation module, now certified for Deutsche Telekom networks

    Source: GlobeNewswire (MIL-OSI)

    STMicroelectronics announces new capabilities of NB-IoT and geolocation module, now certified for Deutsche Telekom networks

    • The ST87M01 module now adds Wi-Fi positioning feature for robust geolocation indoors and in dense urban areas and discloses its adherence to Remote SIM Provisioning ecosystem
    • Certification by Deutsche Telekom expands access to customers across Europe

    Geneva, Switzerland, March 3, 2025 – STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, has announced that its ST87M01 NB-IoT and geolocation module adds new, extended functionalities and is now fully certified for connection to Deutsche Telekom (DT) networks.

    The ST87M01 module, NB-IoT release 15 certified, combines connectivity and geolocation capabilities in a single small package. Compliant with the 3GPP and regional standards such as the EU Radio Equipment Directive (RED), the module contains optional GSMA-compliant embedded SIM with secure element and GNSS receiver. With the latest updates, the ST87M01 now adds Wi-Fi positioning that enables robust geolocation indoors and in dense urban areas where GNSS positioning may be compromised.

    The ST87M01 module combined with the ST’s ST4SIM-300 embedded SIM is also suitable for Remote SIM Provisioning, adherent to GSMA SGP.32 standard, which lets users switch between different mobile network operators without a physical SIM card change.
    Completing the DT test program is the latest in a series of successful demonstrations with many mobile network operators and confirms the compliance with stringent performance and efficiency criteria for the ST87M01.

    Certification by Deutsche Telekom is an important differentiator for our NB-IoT and geolocation module, which accredits us to customers throughout the entire European region,” said Domenico Arrigo, General Manager, Application Specific Product Division, STMicroelectronics. “This achievement attests to the highest standards of performance and behavior on the network and efficient use of connectivity.”

    We have tested the STMicroelectronics ST87M01 module according to stringent proprietary and industry standards, developed to ensure safe, reliable, and efficient connections. The results confirm that this NB-IoT module is suitable and fully certified for high-volume IoT projects on Deutsche Telekom networks,” said Uday Patil, Head of IoT Devices & Services, Deutsche Telekom.

    The ST87M01 module is also approved by the Global Certification Forum (GCF), which promotes interoperability of mobile and IoT products.

    For more information, please go to www.st.com/st87m01.

    ST87M01 demonstrations at Mobile World Congress and embedded world 2025

    ST will showcase the ST87M01 module and its new features at the upcoming Mobile World Congress in Barcelona (Hall 7, A61) and embedded world event in Nuremberg (Hall 4A, 148) in March 2025.

    Demonstrating powerful IoT use cases, ST will highlight Remote SIM Provisioning (RSP) compliant with the GSMA’s SGP.32 specification that caters specifically for mass deployment of IoT devices. The demonstration will show how device owners can provision and activate new mobile network operator (MNO) profiles, seamlessly and securely, using an intuitive dashboard application. The ability to switch easily between different cellular networks delivers tremendous convenience for different IoT applications, giving users flexibility to choose their mobile network operator and switch remotely without physically replacing the SIM card in the final product.

    In addition, demonstrating the latest Wi-Fi positioning capability will show how the ST87M01 can determine its own location accurately based on proximity to registered Wi-Fi access points. Wi-Fi positioning compares unique identifiers with the access point database to determine geographic location, with accuracy comparable to GNSS. This capability allows continuous and accurate geolocation in places where GNSS signals may be unavailable, such as factories or offices, shopping malls, covered parking, or multi-level roadways.

    About STMicroelectronics
    At ST, we are 50,000 creators and makers of semiconductor technologies mastering the semiconductor supply chain with state-of-the-art manufacturing facilities. An integrated device manufacturer, we work with more than 200,000 customers and thousands of partners to design and build products, solutions, and ecosystems that address their challenges and opportunities, and the need to support a more sustainable world. Our technologies enable smarter mobility, more efficient power and energy management, and the wide-scale deployment of cloud-connected autonomous things. We are on track to be carbon neutral in all direct and indirect emissions (scopes 1 and 2), product transportation, business travel, and employee commuting emissions (our scope 3 focus), and to achieve our 100% renewable electricity sourcing goal by the end of 2027.

    Further information can be found at www.st.com.

    INVESTOR RELATIONS
    Jérôme Ramel
    EVP Corporate Development & Integrated External Communication
    Tel: +41.22.929.59.20
    jerome.ramel@st.com

    MEDIA RELATIONS
    Alexis Breton
    Corporate External Communications
    Tel: +33.6.59.16.79.08
    alexis.breton@st.com

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  • MIL-OSI: Wix Launches Native, Print-on-Demand Experience Powered by Printful

    Source: GlobeNewswire (MIL-OSI)

    Merchants, self-creators, and agencies using Wix can tap into Printful’s fulfillment services to uniquely expand their brand with high-quality, custom products  

    NEW YORK – – Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform globally1, today announced a native integration with Printful, one of the leading print-on-demand companies, to bring a native, out-of-the-box experience to Wix and Wix Studio users. With direct access to Printful’s print-on-demand and dropshipping fulfillment services, Wix users can create their own high-quality, branded product collections without leaving Wix.

    Wix users have the opportunity to create their own merchandise that is typically inaccessible to small businesses on the market today. Established businesses can create a new revenue stream while new businesses can start from scratch to build their brand and be part of this market that is projected to reach USD 45.6 billion by 2031. The print-on-demand industry is expected to grow at a compound annual growth rate (CAGR) of 25.3%.

    Users have access to and control  over  critical touchpoints of the print-on-demand and dropshipping solution. They can customize their merchandise with their unique art, graphics, and brand logos. Additionally, a user can adjust or change the design on a product, all within the Wix platform. 

    Offering a cost-effective and sustainable approach, this solution fulfills orders individually, enabling business owners to avoid upfront inventory costs. Printful strives to ensure that products are produced locally, through its network of fulfillment centers, allowing for  faster distribution and lower shipping cost. The on-demand operation model  helps to eliminate overproduction and remove the need for storage. Local product fulfillment also helps to minimize the carbon footprint, while product personalization fosters stronger customer loyalty. 

    “This integration gives our users a new opportunity to create high-quality products and merchandise customized to their brand, whether they are a yoga studio owner, a chef, or a dog trainer,” said Jill Sherman, Head of Suppliers Hub at Wix. “Together, we’re providing our users a unique and seamless solution that embraces creativity and brand identity while eliminating fulfillment hassles and overhead costs. This empowers users to focus on the growth of their business and maximize their brand footprint all from the Wix platform.”

    “Partnering with Wix is a natural fit for us, as we’re both dedicated to supporting e-commerce business owners and brand builders who are crafting exceptional shopping experiences,” said Chris Victory, Head of Partnerships at Printful. “We’ve always been committed to helping anyone, anywhere create, design and deliver high-quality, unique products that resonate with their audience. By integrating seamlessly with Wix, we’re making it even easier for entrepreneurs to provide delightful experiences for their customers, directly within the platform where they already create and drive their brand experiences. We’re excited to see the amazing designs and products that the Wix community of sellers will create next.”

    This offering is available in English, and there are plans for availability in additional languages in the near future. 

    For more information about this partnership, please visit https://www.wix.com/ecommerce/print-on-demand 

    About Wix.com Ltd.

    Wix is the leading SaaS website builder platform1 to create, manage and grow a digital presence. Founded in 2006, Wix is a comprehensive platform providing users – self-creators, agencies, enterprises, and more – with industry-leading performance, security, AI capabilities and a reliable infrastructure. Offering a wide range of commerce and business solutions, advanced SEO and marketing tools, the platform enables users to take full ownership of their brand, their data and their relationships with their customers. With a focus on continuous innovation and delivery of new features and products, users can seamlessly build a powerful and high-end digital presence for themselves or their clients. 

    For more about Wix, please visit our Press Room
    Media Relations Contact:  PR@wix.com  

    1 Based on number of active live sites as reported by competitors’ figures, independent third-party data and internal data as of H1 2024.

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